If you are root, and you issue
rm -rf /
Then how far can the command go? Can you recover data from this kind of an action? Even after the binaries are gone, would the running processes still be active? What would it take to make the same physical machine boot again? What files would you need to restore to make this happen?
I could try this on a VM and see, but I want to know the rationale behind what to expect if I do this.