We may add this effect at some point, basically the plane would start shaking violently, possibly loose engine if throttle is not reduced.
Also I have personal experience with this effect. Was cruising nicely at 8500 on a cross country,suddenly I hear the loudest bang I care to hear in an airplane followed by the plane shaking violently. My spinner decided to disintegrate, leaving pieces of the back plate still attached and hence greatly out of balance. You would not believe how quickly you can pull a throttle back, of course that make the engine stop do to lean mixture at cruise.
HiTech