Ian,
First I'd feel the need to point out that running a car while the rear is jacked up is VERY dangerous. If you 'have' to do it please make sure you
are using axle stands.
It sounds to me that the propshaft is you culprit. I wouldn't expect to 'see' any vibrations from it though as it will be transimitted the the
chassis throught the diff anyway. As a precaution you should remove it and check it for wear.
Can you drive through the vibration? If you get about 60 does it go away? If the answer is yes then the propshaft is definaltey to blame.
NiG
http://www.niginthecar.net