So, the next game I played it didn't happen as often in terms of big drops. But i actually thought it was worse in terms of it was kind of happening a lot just running around. I notice it happens more specifically when I run by plants/trees. When I eject from a Titan and fall from the sky, there is a jutter. I notice this jutter just running around in general (but these are smaller, and not large dips. Still annoying).
The bigger dips come when I'm in a Titan and moving around quickly in the level. And when I eject from a Titan as it's about to explode. The only other time that it's really noticeable, is as I said when I'm running around or through plant life. In past games where I noticed big dips, it would be when I was sprinting and I would run underground (so quickly running through a path that takes you under the level or through a tunnel. These dips would have a big FPS drop and stutter, and then it would clear up after a couple seconds.
I'm going to imagine your average gamer won't notice the jutter as your running around, but hobbyist, and those that are enthusiasts about game performance, will not be happy (assuming this is something that happens in the final build).