Yeah, but pawns follow you around. They don't try to enter the shop while you leave town, then complain when they find out it won't load two different areas and let you keep your characters and quest progress separately from the host.
Saw that pop up with Neverwinter Nights 2, Fable 2, and Dungeon Siege 3.
I knew someone would post something like this, and you're right. I usually don't play online, but when I do, I mostly do it with people that actually want to do "proper" coop, ie: Wait for eachother, and not run around doing other things.
It would have been cool if I could take my character into a friends game and play with him/her.