First, I will say that the rubber bushing that surrounds the bearing is very thin and flexible; so this may be you source of play (and the play should be minimal). Unless the rubber is degraded I would say that the bearing is fine.
You may have a bad CV joint on one or both ends of the drive shaft itself. (This is what was wrong with my drive shaft.)
you can buy a new center bearing; eBay has them, Blauparts.com also has them ($$$), and powertrainindustries.com also carries them.
I was having the same problem on my car. I would get vibrations at highway speeds as well as a loud banging in the center of the car at peak torque loads. My initial thought was a bad center support, (as I put the car on a lift and heard a squeaking while running in 1st gear) but after talking to Powertrain Industries I felt that it was the CV joints on the shaft.
You can source the joints and a full rebuild kit at Blauparts.com, but for a few more $ you can get a complete re manufactured drive shaft. I bought mine from Fleet Pride who ordered it from Powertrain Industries. (Fleet Pride was considerably cheaper that going directly throught Powertrain) ~$450
There is also another online retailer (wholesaleimportparts.com) who sells complete drive shafts for $420 including shipping. They did seem a little shady (always went to answering machine when I called) but I decided to go local with Fleet Pride in case I have a warranty issue.
Fleet Pride store locator
I'd be more than willing to help you over the phone as well if you would like. Just let me know and I will PM you my #
You can also check out these links to AudiWorld where a guy had the exact same problem:
http://forums.audiworld.com/s4/msgs/2746361.phtml
http://forums.audiworld.com/s4/msgs/2752127.phtml
-jake
Bookmarks