I decided to test this, out of curiosity. I can only duplicate the "bug" in two scenarios: 1) attempting to open the linked table in design view when the linked file is missing, and 2) opening any form that has a subform, making design changes to the form, then saving.No, if you change the way you link, you get an error when the file is MIA.
First scenario is unsurprising and Access generates an error message as well. It's still odd that Access creates a blank Excel file, even in this scenario.
I tried many other ways to duplicate the "bug" and the only time it happens is when saving design changes to a form. But it has to be a form that contains a subform. And the form needs to be opened first, then make a design change, close and save when prompted. Then Access will recreate the linked Excel file in its original location with the same filename but no data in the workbook. This happens with forms that have no connection to the linked table and with forms where both form and subform have no code.
The lesson here is don't keep a table saved that links to an Excel file if you know that the Excel file will be deleted or moved later.
Edit: attempting to open the linked table will cause the bug too
			
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