"Teeth chattering is a behavior seen in cats that are sitting still and staring at some type of prey that they are unable to reach. The mouth is slightly open and the jaw opens and closes rapidly. The sounds produced are a combination of “lip smacking,” “teeth chattering,” and a quiet “bleating.” It is not a form of communication. Some experts think it is the result of excitement and frustration at seeing prey and being unable to hunt and obtain it. Frustration builds, the body becomes tense, the tail twitches as the teeth chatter, and the quiet bleating begins. Others have suggested it may be an exaggerated version of the killing bite; the cat already thinks he has the prey in his jaws. Some cats even exhibit this behavior when seeing “prey” on the television."--
http://www.cathealth.com/NBehav.htmHe would sometimes get really worked up - he would chase anything that he could get to, and when something was outside and he was inside, it drove him nuts :)
I don't buy the "killing bite" bit in the above article, because he didn't seem to know how to deliver the killing bite - he only ever played things to death.
I also never heard anything like a "quiet bleating".
(I know that doesn't sound like the same thing you're describing)