I've had several Ulster Campers that have all loosened up badly. The fix that Codger describes is exactly the same as the fix as I've heard Dale (aka Orvet) describe it in other venues.
Here's a very detailed video on the fix by "Muskrat Man".
http://www.youtube.com/watch?feature=player_embedded&v=X44CxU2wtOk
This said, I don't think it's unreasonable to just live with the wobble. Different designs fail differently and one thing I've noticed about my trashed Ulsters is that they loosen up to a point and then stop getting worse. I suspect the key finally catches and resists further and complete pull out. On a traditionally pinned knife, my experience is that when wobble gets really bad it will just continue to get worse, as there's no stopping the pin from moving after a bit. I have one old Camper that the outer bolster is off and the screwdriver blade wobbles but it's just sort of stopped there (and still get's used on my work bench). If it's a hard use knife, this is what I do.
Lastly... I have affected a very crude and temporary "fix" on a Swinden key by going for broke with it in a padded vice. This is not a real fix and is actually doing damage. The idea is to squeeze it till the wobble goes away. I'm 99.9% that all this is doing is causing the pivot pin to deform a bit laterally, which ultimately will work harden and weaken the pivot pin. For a display knife or light user, that'll eek a bit more wobble free use. For a while.
Hope this helps.