First, I don't believe that "S" arms are necessarily lower mass. That will be a function of the material the arm was formed from, how thick the walls, the length, and so on. If fact for a given length, a straight arm with offset headshell will likely be lighter than an S arm with the same effective length when other factors are equal.
However, to experiment, you could take a small ball of Blu-tak or plumber's putty weighing a gram or two (use your VTF scale) and affix that to the headshell, rebalance the arm, and see if this offers any sonic/tracking improvement. If so, keep adding weight until it becomes worse, then reduce it to the optimal. If no improvement was observed, then forget about it.
Note if that does give an improvement you should be able to determine how much mass could be added for a more permanent solution.
However, to experiment, you could take a small ball of Blu-tak or plumber's putty weighing a gram or two (use your VTF scale) and affix that to the headshell, rebalance the arm, and see if this offers any sonic/tracking improvement. If so, keep adding weight until it becomes worse, then reduce it to the optimal. If no improvement was observed, then forget about it.
Note if that does give an improvement you should be able to determine how much mass could be added for a more permanent solution.