In the latest preview, Mojang finally gave us the ability to pause the game in singleplayer. However, if you have "View Bobbing" enabled under Settings > Video and are holding any item, you can still observe your hand move despite the game being paused.
Steps to reproduce:
Make sure you have "View Bobbing" enabled.
Hold any item.
Hit ESC to pause the game.
Observed results:
Your hand will bob up and down despite the game being paused.
Expected results:
Like in Java, pausing the game will allow no simulation/movement.
Linked issues
is duplicated by 1
relates to 2
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Can confirm, this seems to only affects the hardcoded one, as the one used in attachables (bow, crossbow, etc) stop properly when pausing the game.