This is an effect of the way wobbly snap works. However, in the latest compiz in feisty wobbly snap is not enabled by default. If you want to turn it off too open gconf-editor and uncheck /apps/compiz/plugins/wobbly/allscreens/options/snap_inverted.
** Changed in: compiz (Ubuntu)
Status: Unconfirmed => Fix Released
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desktop effect 'wobble' keeps wobbeling
https://launchpad.net/bugs/95512
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