isn't this a draw?

No, because technically if Black plays horrible, White could checkmate and the rules state that if there is any way to lose, it is lost. If however, there was only 2 kings on the board, it would have been declared a draw.

It’s not impossible to checkmate with a Knight if there is other material on the board. Black has a final pawn on the board, hence white is still theoretically able to win.

e1Q with an instant draw. Only move in case of time-out.

Would black not still lose in the event of being time flagged, even if he had Queened on e1?

@Sarg0n said in #6:
> e1Q with an instant draw. Only move in case of time-out.
That is true

So provided the final black pawn is promoted to Queen, as opposed to being promoted to a Knight, then black does not lose when flagged?
If black did promote to Knight on e1, presumably he or she would still lose?