What is odd about all of this is it is happening with floor prims that have existed in SL from anywhere from weeks to years.
It is only happening with a cylinder, if i change the prim type to rectangular the bouncing stops.
It is not just mega prims, a newly rezzed cylinder has the same effect.
I have tried different materials, same effect.
I am using the latest version of SL Viewer 2, no Avatar physics objects being worn.