Torque loss with a universal socket?

Hey all,

I know there have been theories about torque loss when using an extension on your ratchet, but how about when you're using a universal socket? I thought about this yesterday when torquing my intake down, and there were spots I couldn't get to without a universal socket. I'm not concerned about my particular situation, I feel pretty confident the bolts were torqued fairly accurately, but what about higher torque applications?

So, would there be lost torque in the moving joint of the universal socket?