Netstat looks like:

...

TCP 127.0.0.1:49467 0.0.0.0:0 LISTENING 2668

...

(I DON'T KNOW WHAT IT MEANS): TCP [::1]:49467 [::]:0 LISTENING 2668

...

in fact 2668 is the sqlservr.exe's pid

telnet 127.0.0.1 49467 seems to connect (no error messages, just a blank screen)