Thanks for the comments.
1. If the U joint is bad I’ll be pissed because this is a brand new $$$ driveshaft. I think my wife may have noticed the bounce because the bad rear shock was amplifying it from her perspective. When I run the bike on the center stand, it appears to be smooth so that is why I think it is tire, wheel, or suspension.
2. At the Green Mountain rally, a friend also suggested swing arm bearings as something to look at if all else fails. I was going to ask this group if anyone has experience with swingarm bearings going bad - what are the symptoms? My friend is a very experienced professional mechanic, Connecticut airhead air Marshall, and has restored a number of beautiful bikes. He said that he had a similar hop on an R100 and he never figured out what it was. It eventually went away. That didn’t give me a warm fuzzy feeling.
3. The symptom is the same no matter what gear the bike is in or if the clutch is pulled in.
This is a crazy situation where I have multiple issues compounding each other. I always assume that if something is wrong after I work on it, it is related to something that I touched even if it is seemingly unrelated. So far this hasn’t been the case with this problem. The shock and steering bearing looseness were things I hadn’t messed with.