Whats up all. New to this site, but looks like a good place to get some much needed insight. Where to begin... I started back up on a mountain bike almost a year ago as something to get me outside the dorm room up at University of Maine Orono

I've always had a thing for wheelies but growing up on motor sports, the trick comes easily. Learning to wheelie on a mountain bike has been quite the effort switching from a Suzuki LTR450... Basically I've made it as far as being able to get the front end up for a short period of time (sitting down, continuous pedaling). Where I'm having trouble is finding my balance not bringing the front wheel off the ground, but rather side to side. I've read/watched many wheelie tutorials and came to the conclusion that it's not the bike that matters, its the rider. With this in mind I've been focused on finding out what I'm doing wrong and how to fix this. For instance, I've found that I can hold the longest wheelie by bringing the front wheel up as quickly as possible (using preload and throwing myself back with arms stretched out) while keeping it as straight as possible (sounds like common sense but before hand I was jerking the bike left and right unknowingly while bringing it up). Currently, I can bring the front wheel up to the balance point back and fourth, but shortly after the bike will fall off to either side and I can't for the life of me correct this issue. I've tried everything from turning the wheel in the opposite direction, balancing with my knees, pointing my toes outward with my feet to the edge of the pedals, pointing my toes forward with my feet flush against the pedals, leaning (as much as possible), keeping my focus on objects (low, mid, and high), seat height, and all sorts of combinations of these techniques/adjustments. Also, it seems like acceleration can keep me balanced side to side, but I'm looking for a "balanced" wheelie rather than a power wheelie). As far as my current rig goes, its an absolute PIECE OF JUNK! Pictures attached. I can't imagine the bike has anything to do with my difficulties after reading what some wheelie masters have said. I feel like once the skill is aquired, one should be able to (with a little adjusting) be able to ride out a wheelie on any sort of bicycle. However, my bike may be an exception to this rule. The back wheel does not belong on the bike I have. It is off center to the left by about half an inch and the bearings are basically shot which allows the rim to wobble on the hub (about half an inch of play total), no rear brakes, and so on... Given three days of 2 hour (nonstop wheelie) practice sessions on top of a deserted parking garage, I have seen little to no improvement over where I left off before becoming serious about learning this skill. Before linking the video of my current efforts, I would like to make a few things clear. I am riding without a helmet and with my shirt off (coming from Maine I'm not used to the Virginia heat and simply don't care). I'm not looking for a lecture on safety since I'm fully aware of the dangers associated with riding at 3 MPH with the front end of my bike lofting off the ground (if I eat **** and break something I would have myself to blame...), and if a little bare skin will offend you, don't bother taking a look. I'm simply looking for good advice on where I'm going wrong/what I'm doing correct. Is this just a matter of continuous practice until I find the perfect sideways balancing point or do you see any bad habits inhibiting my ability to hold a wheelie? How long did this take any of you wheelie experts to master? Again, no flaming, lectures, etc. Simply good advice

. Sorry for the long post but I figured getting all the information down to begin with was the best way to go. Thanks fellas, lets see what you got for me!
http://www.youtube.com/watch?v=eUv4GUxtpWs