Android 4.2: Ever so slight "bounceback" when reaching the end of lists - Anyone else noticed this?

I'm not sure if it's my eyes but there seems to be a miniscule amount of "bounceback" when scrolling in lists (most visible on the People app with contact pics displaying.

It only seems to act that way when kinetic scrolling is in full effect (with no finger onscreen). If you try to pull a list beyond the end there is no bounceback, just the light pulse.

I've tested this on my Galaxy Nexus and Nexus 7 and both seem to behave exactly the same. Can anyone else confirm?