Sometimes it works better, most of the time barely at all. And, please, I know my inertia when I see it, this is just plain random behaviour. Good idea about the soldering, maybe the uni took a hit in the mail.
I had the same problem and in my case it was the firmware that was too old I did the update V2_043 and it works great, I hope it will help you solve your problem.
OK, I was using 2_040 before, and finally now have some time, I quit my job and moved to the countryside to a small cabin So today I finally plugged everything in again and took a look at this.
I just uploaded 043 and it seems that the encoder works fine, no inertia though, it always scans at a predefined speed. But better than jumping around