Yes, you are describing a steering box that is too loose.

What would a tight, rebuilt steering box be worth to you? The reason I ask is that I have done exploratory surgery on one of these boxes and have learned how to tighten them up. I am considering doing these on an exchange basis if it can be profitable enough.

I thought about this a few years ago, but thought that since the cars were getting aged, folks would not be as willing to spend the money necessary for me to do a quality rebuild and still make a few dollars for myself in the transaction.

Thanks for your comments.