I would not be too concerned. A couple of mine developed the wobble from light use and I am confident it is merely the locking nut, but being stuck in Afghanistan I have not been able to get a tech to look at them. the 50 planar loosened up suddenly and the wobble came at the same time. Still razor sharp and does not move unless you waggle it with your fingers i.e. it is not floppy, just not locked tight as it should be.
I do not think they are as well made as the average Leica lens (as I own both) but would still argue that the price performance ratio is very good. If you have to pay for a tech to service each one (and use better lube as I find the factory lube a touch sticky), put threadlock on the retainer, you still save a fortune over a Leica lens.
I prefer the build of my 90 elmarit-M, my summarit 35 M and my (now sold) 50 lux asph, but for the money the ZMs are dynamite. Can't make the 35 biogon flare and the 28 is fantastic. Even Leica lenses need services and have some faults. I think the ZM wobble issue is plain stupid and annoying, but it certainly is not a show stopper. For me it has been annoying as I am shooting a long term project and cannot be without my lenses so I have had to wait until the project ends before getting them fixed. If you live somewhere sensible, the worst case is a little postage and being without them for a few weeks. Thats worth a $1K saving per lens if you ask me.
Addition: Each ZM of mine performs incredibly well. No corner softness, no focus shift, very, very resistant to flare, great resolution from wide open (even the 35 f2 biogon is very good contrary to some reports) and with a very nice (and constant from lens to lens) tonality. The actual performance has left me wanting nothing. Now a ZM 35 1.4 would be nice...