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Luther’s “consubstantiation,” while heretical, is just as realist as the orthodox understanding of transubstantiation.

You know, Evangelicals ranging from Evangelical Free denominationalists ("a view of the Lord’s Supper that is both memorial and a type of spiritual presence") to John McArthur to others embrace a Presence of Jesus during Lord's Supper/Communion.

What? Are you one of those freaky types that preach Jesus is omnipresent with this great big asterisk attached?

Here, I'll write out your asterisk for you:

* We believe that Jesus is omnipresent, EXCEPT during the Lord's Supper...cause that would smack too much like Catholicism. And so, we just take scissors to parts of verses like: 'Matthew 28:20: 'And surely I am with you always, to the very end of the age.'...because we know Jesus forgot to add that caveat of 'except during His table'." Signed...Protestant Knee-Jerkers

I believe that the Son is omnipresent in the way that the Father and the Spirit are omnipresent. In the human nature that the Son assumed in the Incarnation, he is present substantially, really, and physically, body, soul, and divine Person, somewhere in his risen body, and substantially, really, and sacramentally, body, soul, and divine Person, in the Eucharist.