The rear sight is one thing I've never been happy with on Rugers whether they be DA or SA revolvers. The rear sight on my single six rocks a little as well, so I would suspect it's normal. I'd definitely shoot it a while, and pack it a while, and see if your POA vs. POI changes over the course of use. If not, definitely no concerns. If it does, I think you'd be better off paying money to Bowen for a rough country rear sight replacement, than paying it to UPS to send it back to Ruger.
JMHO,
Epoch