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Bad idea?
As @hamrack implies, use as much as you need but as little as you can get away with. Cassette lock rings don't have a lot of wiggle room on the thread engagement.
How wobbly? If it's only a little bit, the 1mm spacer used to fit most 10-speed cassettes should be enough, and you only lose one turn of lock ring thread engagement compared with your current bottomed out condition.