I have a dr500 and while the gear box was striped and getting rebuit, i had the same idea to remove all the moving bits of the balancer it all came to around three and half kgs in weight so its a fair bit of weight, but when i asked my local bike mechcanic he talked me out of removing them ,and i throught any way they were put there for a reason
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when i had my gear box apart the gear dog from second gear was broken off,second and forth gears have smaller dogs than others ,TT500 ones are twice the size...
I dont no how mine broke it might of been a week make or push starting (SOME THING I DONT LIKE DOING ON 4 stokes because of extra strees on these parts) or persons rough usage
IT made me a bit worryed
because i use second gear on race starts, but saying all this i havent any probs for the last 4 years thats my 2 bobs worth