Any Systolic Murmur that is Grade 2 or less is termed "innocent murmuer." Innocent because its benign and needs to evaluation.
Any Diastolic Murmur of any grade or a Grade 3> Systolic is pathologic and needs evaluation.
We do not do "too many echoes." An echocardiogram is a sonogram. The radiation dose is 0, the discomfort to the patient is 0 (particularly in this patient who has probably had 14 sonograms by now anyway). It may increase the cost slightly, but an echo is an easy, safe, test that gives alot of information.
I agree with whats been said already. Fluid overload, recent anemia from pregnancy, even cardiomyopathy of pregnancy can produce a murmur. You note it, say its there, then, if it goes away, poof, no worry.
I presume you are concerned about a previously undiagnosed PFO or VSD. Some hole in this woman's heart that was insignificant thus far, but now, under stress, had been elucidated. You dont want here throwing a venous clot to her brain, but at the same time, the chances that you found a previously asymptomatic and undetected murmur by chance is unlikely, especially if it went away so rapidly and was in the benign criteria.