SM's response:

It most likely is just a redraw issue and the systems affected are not redrawing every change, so it is not redrawing every position of the Camera. The fact it does not occur in Fast Tracking indicates that the content of the scene is a factor. I suspect that if you work with various display settings the issue would disappear.

My final reply:

Alright, well, thank you for your help.  I appreciate it.

--- End of Incident Report ---

This afternoon, I called SM to arrange for a refund of my purchase.  They approved my request, and I just faxed them the Letter of Destruction they require for processing returns.