| It so happens I've been studying/working on/swearing at my BJ8's speedometer 
extensively for the last few years (got 
tired of dropping $200 at the speedo shop).  I'm not a hexpert, but I've 
learned a lot.
If the bounce is 'rhythmic;' that is, the needle is steady then pops at an even 
period--particularly when the odometer 
or tripmeter increments--it's probably a cracked or stripped odometer or 
tripmeter drive gear, respectively.
If it's more or less random--and since you have a fresh cable and angle 
drive--it's probably due to some resistance in 
the mechanism.  There is a surprising (to me) amount of resistance to the cable 
even in a properly functioning speedo.  
Anything that adds to that resistance will cause the cable to wind up slightly, 
then when you're past the resistance the 
cable snaps back and bingo--a bounce.
Remove the cable at the back of the speedo, insert a small screwdriver and turn 
it (you can do this with the speedo in 
the car if you're a contortionist).  It should turn smoothly through 360deg--if 
it binds at all you'll need to pull it 
out and inspect the guts.  There's no mystery--no 'jeweled bearings' etc.--just 
a small shaft that looks like a 
miniature camshaft that drives the magnet carrier.  The magnet pulls the drag 
cup, which turns the needle.  The odometer 
and tripmeter are driven by two gears off a large spiral gear on the shaft.
I don't want to start a debate on the best lube for the cable--I use silicone 
oil; graphite is good but messy, and light 
grease is OK but might gunk up over time.  Dry is probably just fine, too.
I've attached a doc that might help.
Bob
On 5/1/2011 6:51 AM, Ron Ray wrote: ..
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Bob Spidell           San Jose, CA            bspidell at comcast.net
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[demime 1.01d removed an attachment of type application/pdf which had a name of 
Repairing Speedo-2002.pdf]
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