I've been watching this thread Duane. I had the Black NightRod special. It rode great most of the time, but, then, for no reason it would feel like the rear tire wasn't following the front. At first I shrugged it off as the wide rear tire gripping the road differently than the front rear tire. One day it was on the rack in the garage and someone happened to push on the rear tire sideways. It moved. I never gauged the movement, but, I'd guess it to be movement similar to your's. The movement was coming from the swing arm bearing on the right side. The bike was new and still under waranty, so I carried it back to the dealer. They didn't fnd anything wrong. I brought it home, put it on the rack..same thing. Sold the bike soon after, so never fixed the problem.
I'm curious, do you feel the rear tire feeling as if it's not following the front?? Or did you just simply check the bearings to be checking?