I've been checking my knives and I'm pretty sure they all have it as well. I've just never checked for it. I can think of no way in which this would ever be considered a defect. The movement disappears when the knives are locked open. Even if it didn't, I don't see how a mm or so of movement in this direction would ever affect the function of the knife. I'm guessing it's caused by the fact that the pivot hole in the blade needs to be slightly larger than the pivot pin in order to allow free movement. If I'm correct, the only way to have absolutely no movement like we're experiencing would be to make a knife without a functioning pivot.