Sleep Command in T-SQL?

Is there to way write a T-SQL command to just make it sleep for a period of time?
WAITFOR command is the answer.

-- wait for 1 minute
WAITFOR DELAY '00:01:00'

-- wait for 1 second
WAITFOR DELAY '00:00:01'

This command allows you a high degree of precision but is only accurate within 10ms - 16ms for example, the call WAITFOR DELAY '00:00:00:001' is likely to result in no wait at all.