From an implementation stand point, it makes more sense to store a timestamp that gets updated when specific events happen while you're logged in, rather than requiring the server to have to constantly check stuff for your character while you're logged out. So my guess is that leve allowances are rest exp will continue to accumulate from our perspective, even though servers are not necessarily online.
Lyonheart, like Eorzia, will be reborn in FFXIV!
FFXI veteran (Lyonheart and Lakiskline of Lakshmi)
1/467 on signed HQ Weskit!!!