Bakary Sako's 93rd-minute equaliser registered a rare moment of joy for ailing Wolves as a 1-1 draw at Molineux put a dent in Watford's promotion charge.
Dean Saunders, Wolves' fourth manager in 12 months, is still waiting for his first victory in charge having overseen nine of their run of 13 winless matches, with Wanderers - in the npower Championship drop zone - still facing the very real prospect of successive relegations, as they experienced in the 1980s.
Matters are not much rosier off the pitch with chairman Steve Morgan this week insisting he will leave the Black Country club if that is what supporters want, although a pre-match protest aimed at the owner and under-fire chief executive Jez Moxey struggled to really grow in number beyond 50 fans.
Yet Sako's well-taken injury-time equaliser drew welcome celebrations from a frustrated Molineux crowd, who will still believe in survival.
The game's defining moment of brilliance looked to have came just before half-time as Watford playmaker Almen Abdi, one of a contingent of players on loan from Udinese, converted a free-kick for his 10th goal of the season.
The Hornets could at that point thank goalkeeper Jonathan Bond, making his full league debut for the Hertfordshire outfit, for still being on level terms having made an impressive double save.
But Sako's late intervention snatched a point for the home side.
In Friday night's other game, Julian Speroni saved Conor Sammon's late penalty as Crystal Palace secured a first Championship away win since November with a 1-0 victory at Derby.
Yannick Bolasie clinically scored the game's only goal for the promotion hopefuls, who looked good value for the three points until captain Mile Jedinak fouled substitute Ben Davies in the penalty area with three minutes remaining.
However, Sammon's powerful spot-kick was brilliantly deflected onto the bar by the Argentinian shot-stopper to consign Nigel Clough's side to a first home defeat of 2013.