Originally Posted by
dabac
Eventually you'd worry about it affecting shifting, but I don't believe it's possible to cut the threads that bad.
If it's down to bearing play I'd have a go at reshimming the freewheel if the sprockets would have a sideways wobble of 1.5 mm or so.
The ball bearings and races inside are fairly small/narrow, so I wouldn't be comfortable with too much slop there.
The shifting seems fine to me. Albeit, it is my "beater" bike, so my expectations aren't that high. Just wanted to make sure it isn't going to become a bigger/$$ problem in the near future. Not to mention I figured it was a good opportunity to learn something new - which I did - thanks all! Sounds like if it ain't showing other symptoms, it is probably OK. I don't think there is any major sideways wobble (along chain line) - I'll take a quick look later.