The Island skipping through time?

Ok I follow the show pretty well but im confused about one thing...when Ben turns the wheel at the end of season 4 and moves the island ...what happends? Does the island actually disappear and become non exsistent in the present for a period of time and then just reappear agian in the future?...I understand that the losties were skipping through time until locke turned the wheel to make the skipping stop, but all those times they were skipping through the island already exsisted. So when did the island actually appear back in present time?

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