unless said flight makes detour AFTER takeoff ('to pickup crew') and does not tell passengers until later...and you still miss your connecting flight as new flight gets there later than original delayed flight :-(An interesting hypothetical, with MEL/SYD frequencies it's not hard to envisage someone being bumped off their original flight and moved to a flight 15 mins later that arrives earlier than the flight they were bumped from!
I think the airlines would lobby the government hard such that if there was any EU style regulations they could main a degree of operational flexibility on ultra-high frequency routes, so denied boarding wouldn't be eligible for automatic compensation if you were rebooked on a flight that was scheduled to arrive within 31/61/91 (pick a number) mins of original schedule.