Same handling characteristics on my 34 Californian LRC. It wallows in the following sea. I'm constantly correcting the tendency to hold course. As the bow goes up, she turns to port...and vice versa...repeat ad nauseum.
If I let the AP do it, it swings +/- 30* from the desired course. I don't have a modern AP...mine is an old electric wheel pilot on a drive belt to my helm wheel.
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