From what I understand to balance your engine the best you weigh all moving parts conrod up then make all the other moving parts from crank to flywheel weigh the same by drilling holes to remove material.
Not as simple as all that Dan, and yet there is a simple answer to all this.
Buy a kit from a reputable seller. I chose Grubee.
Check it over as your skill allows.
Assemble it as the manufacturer recommends. (even the hardware is good enough now)
Take great care that all is mechanically right on your bike and kit.
(good brakes are a must)
Use a good quality oil and good fuel.
Ride it as intended and enjoy!
If you wish to modify anything, do it after break-in, one item at a time.
One item at a time so you can see if it has any effect.
And keep checking the nuts and bolts, spokes and fittings that all stay torqued.
From my experience you can get long service from one of these kits if you follow this advice.
Crank balance? It is fine for these engines used as intended.
I buzzed my Grubee up to 10,000 rpm and it was still fine.
Bolt that engine snug to the frame and all will be well.