Originally Posted by BigDawg
If the cable is grey, its is a speedo, if it is black then shifter cable. I would say it is safe for a little while, you will start noticing it to bounce probably, menaing you will need to get another REAL soon. but it would not do any damage as far as I know.
It must be the shifter cable because it's black and it seems to be real bouncy as you described. Appreciate the info, is that a pretty simple job, what's involved with it.