The experienced Welshman was released by Hoddle earlier this month following loan spells at Watford and Millwall.
And how he haunted Hoddle and company when he stopped Wolves from claiming the win that would have put them in the top six and the play-off places.
It was the only real highlight of an otherwise average game that leaves both sides destined for another season of Championship football.
While the rest of the country froze, it was like spring at Loftus Road. If only the two teams had a bit more bounce on their step and it might have made for an interesting game.
The first half was a shocker with golden oldie Rangers keeper Jones the only player emerging with any credit. The 38-year-old Welsh stopper has earned a contract at QPR until the end of the season.
He played well for Wales, keeping a clean sheet against Paraguay last week, and shut out Wolves in style here.
Former England international Darren Anderton was the first to test Jones and he had an 18-yard shot well saved early on.
Jones was alert again to deny Arsenal loan striker Jeremie Aliadiere's low shot on 15 minutes.
And he was ranting and raving at his defence when Carl Cort was allowed a free header soon after. That lame effort bobbled wide as Wolves seemed to lack the quality to make the most of their chances.
Not that Rangers were much better. Wolves' only worry - their own lack of quality aside - seemed to be getting caught on the break by an average QPR team.
QPR's best first half chance was curled over the bar by the busy Gareth Ainsworth. Lee Cook also had a free-kick comfortably saved by Wolves keeper Stefan Postma on the half hour.
At that stage, Wolves boss Hoddle dashed down from the director's box to issue instructions from the touchline. And it almost paid off as Kenny Miller should have given Wolves the lead on the stroke of half-time.
He was sent clear by an Anderton pass and Aliadiere's flick only to be denied by the feet of Jones after he shot from just inside the area.
The balance of play shifted dramatically in the second half as QPR began to take a grip and Wolves faded badly.
Ainsworth seemed the busiest player on the pitch, but it was big Rangers defender Danny Shittu who emerged as the main goal threat.
He could have scored a second half hat-trick and nearly grabbed a 57th minute lead when he forced a save from Postma with a far post header.
Rangers tried to further increase their tempo by sending on substitute striker Sammy Youssouf for a tiring Kevin Gallen.
Rangers' folk hero Gallen was making his first start since November following back and hamstring injuries.
Shittu, however, remained the main threat and he shot just a few feet wide from 25 yards out in the 65th minute. He then missed his third quick chance following a Cook free-kick from the right.
Wolves grew increasingly frustrated and there were bookings for Miller and Paul Ince.
Then came the moment Wolves could live to regret with just eight minutes to go. A fantastic step over by Ince presented Aliadiere with an open goal only for Jones to pull off a wonder stop.
He reacted even quicker to turn Cort's follow-up attempt on to a post and clear the danger.