Does log phase counts as active connection?

[goelvivek]

Hi, 
Assume my server datastorage is not responding where I am logging
access.log/error.log and some analytics logs using lua. 
If I am running nginx as single worker and  I  have set a  limit of 1024 max
connections in nginx and 1000 connections are waiting in log phase. 
How many connection nginx can accept at that time?
24 more or 1024 more?

Posted at Nginx Forum: http://forum.nginx.org/read.php?2,232973,232973#msg-232973