Well, I guess this is both good and bad.

Well, there I was, rolling down the runway when we hit Vr (rotation speed to takeoff) and the wheels leave the deck. We begin retracting gear and, at about 200', one engine loses significant power. As the more experienced pilot and aircraft commander, I take the controls and assess. We need to land. I call tower for an immediate recovery, gently maneuver the aircraft back into the pattern and nurse her to the runway, all near stall speed while being unable to hold altitude at near full power. I put her down on the centerline, nothing but butter. My heart was thumping for an hour after that. I got a huge thanks from the crew and passengers.