Smokin Joe said:
Yes it would. The sprockets would not wobble if you just spun them backwards with the wheel stationary, but he hub is rotating on the spindle and if the spindle is bent the hub and anything on it would move up and down as it goes round.
Pick bike up, spin back wheel
Freehub will wriggle from side to side a bit, some do it even with a straight axle
I was mixed up with backwards bit, what I am saying is that if you let the wheel free wheel you will see the free hub wobble even though it is stationary
Some do it because of wear, some do it because the thread is not spot on
I know this because I have seen it happen on lots of old bikes
The spindle being bent would make the whole lot move, you wouldnt see movent of the freehub in relation the to hub body when stationary though unless the freehub itself had become worn