On the episode, tow. Chandler crosses the line, when Ross is talking to Phoebe about "the sound", Phoebe is holding her red guitar in her lap. At the moment she says "Play that Funky Music, White Boy" the guitar disappears. And in the shot Ross gets up to go get his keyboards, the guitar appears again in Phoebe's lap.
I totally agree with this one- I saw it yesterday and it's really obvious! One minute she's holding it, then it's nowhere to be seen, and then she's holding the guitar again. Well spotted!