Sorry Raul, You can't lump all types of vibrations into a pile and deal with them by damping. It doesn't work that way. Damping doe not kill vibrations, it mitigates the affects. In this case fluid damping an arm pivot can reduce the amplitude of resonance by approx. 50% depending on compliance, mass etc. Damping does not stop the resonance, it redistributes it over a wider frequency range with a less severe peak.
Overdamp the pivot, and as the name implies it's too much, it impedes motion. That's why Stingreen and Crazy Bill experienced negative affects with overdamping. There are other ways to deal with vibration depending on type and situation.
The use of mass is a way to convert vibrations to heat. Consider Mosin's Saskia table. It has a 200 lb. plinth made of slate. Even though slate is good at transmitting vibrations the mass converts them to heat. Another way is to dissipate vibrations and convert to heat or direct them out of the table. Some coupling should be rigid, not damped. Overdamp everything on a table and the sound turns to mush (opposite of live music).
Regards,