Slave SQL thread halts with 1944 error upon INSERT ... DELAYED

--source include/master-slave.inc

CREATE GLOBAL TEMPORARY TABLE t (c INT) ON COMMIT DELETE ROWS;

SET sql_log_bin=0;

DROP TABLE t;

CREATE TABLE t (c INT);

INSERT DELAYED INTO t VALUES (0);

--sync_slave_with_master

DROP TABLE t;

--source include/rpl_end.inc

mysqltest: At line 7: sync_slave_with_master failed: 'select master_pos_wait('master-bin.000001', 705, 300, '')' returned NULL indicating slave SQL thread failure

...

Slave_IO_Running	Yes

Slave_SQL_Running	No