Floater is a jockey that has a coupl of mil of movement. Usually shimano made, not the sealed jockey that you have on it at the mo'. Just allows the jockey to line up a little better with the cog rather than have to be absolutely spot on. Or as I said, use a non hyperglide cassette, I've alway found they work fine as long as you're not stomping on the cranks and changing gear at the same time. Honest, no really....