I have a 2011 MacBook Pro (bought it in August). I got a machine that did not have the Lion installed, so I had it for a few days before I upgraded to Lion and had no issues with pointer jumpiness. After the upgrade, it's been almost unbearable.
I my MacBook hooked up to a 21-inch monitor and a wired Mac extended keyboard. I have a wireless Magic Trackpad, a wireless Magic Mouse, an old wireless Mac Mouse, and an old WIRED Mac Mouse. (Note that I haven't been using them all at the same time, I turn each off if they are not in use).
My pointer jumps around when I use each one. Given that the same jumpiness is occurring when I use my wired mouse, this would indicate that it is not a Bluetooth issue a...although my old wireless Mac Mouse is by far the worst performing of the four.
I submitted my feedback to Apple in August, no replies. What a joke!