Wow, thanks Eurban - you pretty much covered everything. I've written the whole wobble off as being the rim/wheel. As for the chain, I've yet to check the sprocket tranny side. I've been putting off any work on the bike being as I have tires being delived soon, and will be tearing it all apart then. I've parked the bike for now, I just got off a quick run to town, first ride since saturday morning, and it's at the point I'm no longer comfortable riding it, waiting for some part of the drive to pop off in a corner. I doubt that it would happen, but with my luck, I'd rather not risk it. (just hearing the chain rubbing while I'm moving is causing my spidey-sense to tingle)
For right now, I'm going to look into getting new spokes for the wheel I already have (since that 16" tire is already paid for). Perhaps I'll swap it back to original 17/18" down the road, or just get mags. So, new spokes, new rubber, new bearings, and I ought to be set for a while. Hopefully...
While I have it apart I'll double-check the cush disk for excessive wear, and as Shoemanii suggested, check the orientation of the front sprocket. I knew the PO, but he only ran it .4 miles, and there's no telling what the guy before him did.
Thanks again everyone! Much appreciated!