It feels like it "jumps" a few times when I release, like it catches and goes out a bit and catches because of friction). It also makes extra almost "squeezing" sounds from the area where it enters the engine. Taking off from stoplights was almost scary and I actually stalled once because of it.
A couple hours ago when I got home I took the cable off from the lever side and liberally lubed the whole cable til it dripped out the transmission side. Unfortunately when I reconnected everything it still does it. I even extra-lubed the exposed cable part that enters the transmission, and still no dice. I really am praying I don't have to take the whole cable off because it's very tricky to get out with the carbs and gas tank in the way, and I just got the bike running good and insurance finally on it.
What do you folks reckon it is?

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