The OP deliberately triggered the wobble with poor technique -- I gather it was sort of an experiment to find out exactly what would happen with this bike. He knew how to stabilize the bike and everything turned out fine. And now he knows something about where the instability limit is on that bike.
Instability is just what happens with a motorcycle when you chop the throttle midcorner -- it's not necessarily an indication of a problem, although the exact response varies tremendously with the bike, and mechanical problems can make it a lot worse. Sportbikes with steep, sensitive steering geometry will be affected most by poor technique or worn tires, shocks, bearings, etc.
Just as you shouldn't steer into a brick wall and expect happy results, you shouldn't expect a motorcycle to stay stable when you chop the throttle deep into a fast corner.
Bear in mind that there are techniques for slowing down and braking midcorner ("stomp the rear brake as hard as you can" is the most common but mistaken reaction), but we weren't discussing those -- we were talking about chopping the throttle.
2002 Suzuki DL1000 V-Strom, Dark Metallic Space Blue
1983 Suzuki GS850G, Cosmic Blue
2005 KLR685, Aztec Red - Turd II.2, the ReReTurdening