The aft stair light may have come on at 7:42, but that doesn’t mean that Cooper began walking out on to the stairs at that point. Cooper on the stairs is what would have begun the oscillations. So, it’s possible Cooper activated the airstairs at 7:42, but did not begin his descent down the stairs until 8:10. As Shutter has pointed out numerous times, the stairs would not have descended on their own, thus they would not be in a position to dramatically affect the aircraft.
FJ, as with many others, confuse the oscillations with the final pressure bump. Yes, they are connected, but they represent two different things. You cannot use the oscillations to pinpoint a jump time.
I do think Carr’s theory about the change in plane direction is interesting and requires more investigation.