There are two basic types of SMPS, the flyback converter and the forward, or 'buck' converter. Flyback converters typically have one mains-side power transistor, buck converters two. Though, that may not always be the case.
The flyback converter is quite flexible in its output voltage, the buck converter has a more limited range of adjustment but gets more power out of a given size of transformer.
The flyback converter behaves like a constant current source, the error amp feedback being its voltage control (and hence losing feedback can be bad!) The buck acts more like a traditional transformer, with the turns ratio determining the output voltage. Hence only a small range of adjustment is possible with a buck.
Most laptop 'bricks' are flyback converters because that allows operation from 100v-240v input, which range a buck converter cannot over without manual input switching. Taking one down to half its rated output is maybe stretching things a bit though, and the feedback loop may not have been designed to remain stable under such conditions. Hence the oscillation.