I do, to a certain point. If there's one thing I'm not particularly happy about, it's the second wobble. Mainly because compared to the first one, it's the one that actually wobbles, instead of just distorts.
However, that being said, you could easily stick a better camera in that scene and get the depth feel of it much better. Sure, I'll have to properly set a depth matte for it to be CORRECT, but there's definitely depth to it, and the wobbles look kind of like they're distorted magnetic fields. Or something like that 
I added them for instability and depth, but if you think it'd be better without, I'll see what I can come up with for making them a bit more subtle.