Since you've measured your stem at 22.2mm and since you perceive the same wiggle with two stems, that rules out an undersized stem. That gives you two choices:
-live with it. It's one of the minor shortcomings of quill stem bikes, made more noticeable with a really tall stem and presumably wide bars.
-OR-
-pursue the notion that your steer tube inside diameter is larger than it ought to be.
If you wanted to pursue the notion that your fork is "out of spec", try inserting one of your test-stems into another 1" fork steer tube and convince yourself that it does not wiggle. Then you will have proven there is an objective shortcoming on your fork. Talk that over with Rivendell and try to make it right.
In general, every quill stem, when slid into the steer tube has a small amount of 'wiggle'. That small amount of wiggle is reduced but not eliminated by tightening the bolt that engages the wedge. That wedge-spot is down at some depth, and the stem can still pivot around that point a tiny bit. That is the way it is, to some extent. In the case of a steer tube whose ID is larger, that wiggle will be larger. I don't know if Rivendell has a spec that they guarantee, nor do I know if there's some universally accepted tolerance there. My instinct is that the steer tube ID has to be larger than 22.2mm, and I'd say it probably also has to be larger than 22.225mm (which is the real value of 7/8"). To me, 22.3mm seems reasonable. To me, 22.5mm would seem unreasonable. Where to draw the line...22.4mm? I don't know.
For the sake of science I just tried to wiggle the stem on two of my bikes that have a 1" quill stem. On neither do I consider it a problem. On one bike (Bridgestone RB-1), I could see the gap around the stem at the locknut open and close ever so slightly. On the other I saw no change. What I see in your video seems like "more wiggle" than either of my test bikes. Take that for what it's worth. Maybe have a mechanic you trust give it a look. Tell them "I think this is bad, what do you think? If they say "yeah I agree it's bad" then pursue something. If they say "no this looks normal" then maybe live with it.
At any rate, if the wiggle makes you unhappy, talk with Riv and find a way to be happy. I'm sure they'll work with you to get you there.
Bill Lindsay
El Cerrito, CA