If Hodges was out of the in-goal (in the field of play) and juggled the ball (maybe even propelling it forward) it would have been play on.
Unless of course it touched an opponent or the ground.
If a player is taking a bomb (or any other kick- or even a pass) in the field of play and juggles the ball - knocking it forward, maybe even steppng backwards at the same time but then recovers the ball before it hits the ground or an opponent - it would be play on.
The only difference here is that Hodges stepped out of the field of play.
As long as he was in the field of play while touching the ball - ie not touching the ball with a foot grounded over the dead ball line - play on.
If an opposing player was bearing down on him - and Hodges tapped, batted, threw, (inadvertently propelled) the ball forward - over or past the opposition player, then the "Dally M" rule MAY be appropriate.
I don't have the "Dally M" wording at hand, so I'm just working on the principle (or the vibe - quoting the Castle)
Maybe not quite in the top 5 of the last 20 years, but legal non the less.
And I think "deliberately throwing or knocking the ball forward" infers a level of control over the ball not quite achievable when in the act of receiving a kick or pass.