Mermike, HUGE difference and improvement in the keel on a MK-II from the original C-22. Although the basic shape is the same, the construction is completely different. The old swing keel is solid cast iron,(and a bunch of plastic filler to try and get it to an acceptable shape). With the introduction of the MK-II came a new swing keel also. The keel is made with a stainless steel support structure, and uses lead for the ballast. The entire keel is encased in a fiberglass shell with a much better shape,(which is debated by the racers). I've also heard, but can't get confirmation, but evidently because the new swing keel uses lead instead of being entirely made from cast iron, that the lead is concentrated to the lower portion of the swing keel, and weighs 50# less, but because the weight is much lower, still gives the same righting, maybe slightly more. Now when the old cast iron keels pin hole became worn, you could buy an insert to restore the hole, however, even though the new swing keels have been out for 20 years now, there are not that many MK-II's, only several hundred were made, and I would speculate the majority have wing keels, so you might be one of the first to raise this question. I would think a machine shop, or machinist could fabricate a bushing, however, it would be nice to know how thick the pin support material is inside the keel. Then again, how "wobbly" is wobbly? It's not a precision fit. It might be more than you expected, but still not an issue, and maybe only slightly worn. Once the keel is lowered, and the keel lock is set, there might not be any wobble.
Both keels use the same hanger assemblies.
I attached a couple photos of a new style swing keel I saw while at the factory a couple months ago. In the one photo, you'll notice two cable mounting points. This is because the Sport uses this keel, and the cockpit is longer, so the location of the winch and turning ball is slightly different. This way, the keel can be used on either a new C-22 Sport, or on an older C-22, which we intend to retrofit out "New Design" C-22 with one.
Don