The camber issue may cause some handling issues, but not necessarily the wobble. It should however, be corrected. The wobble as severe as you are describing, sound like a tire that has a separation. Something that is bad enough, you can feel by running your hands around the tire. You need to be careful of this, I don't know the condition of your tires, and if it is worn to steel belts, they are sharp. You can also rotate them, inspecting as you go. Put the front on the rear and re-evaluate.
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Saturday, October 2nd, 2010 AT 9:03 AM