I can't think of a pun goes the asteroids (vary e)

[A Random Player]

But how KSP does it's 'accurate' simulation, is completely different.
It only moves objects on-rails, it doesn't loop all the calculations in what you described as a looping-warp. All it really runs off-rails is collisions, encounters, etc.
Even then, it isn't too accurate, as a very high time-warp can fling you out of a bodies SOI for no apparent reason.

The actual time-step mode, does degrade accuracy (way more severe than GSim does), but calculates everything dynamically.

If anyone from the future reads this:

Code: Select all

[17:09] <ARP_TTG> Eh, it wasn't an exact analogy

[17:09] <ARP_TTG> mostly the point of two warps instead of one

http://codepad.org/r4AOUGHZ

[wtg62]

I do like the idea your analogy expresses, though.