Basement, what Zaikesman said about the Vertical Tracking Force is true. However, increase in vertical resistance(mass/inertia) is also bad. The light weight of the arm in the vertical plane ensures good tracking on warped albums. If vertical mass is increased significantly, the arm will leave contact with the groove when it encounters a warp, due to the upward inertia imparted by the warp. Once the high mass is set into motion, it will continue to fly upward by momentum, and leave contact. This is bad. A small increase at the pivot area is not significant in this regard, though. In the case of my Origin Live Silver Tonearm, the bearings are relocated into the yoke, and the weights on my arm do rotate with the axle. This does make a very small increase in the vertical moving mass of my arm. Being that the weights are small diameter, the actual increase in vertical moment of inertia is small. If I had used large diameter discs instead of small shafts, the increase in vertical inertia would have been significant. This is not a good idea in the case of the OL arms. Use the bullet shaped shafts to minimize this. Also using discs would have ruined the advantage of moving the weight as far outboard as possible. The idea is to get the weight as wide as possible, since this increases the moment of inertia(resistance) by a multiplication factor. This allow the use of less weight, and gives a higher factor of resistance. If you make it too wide though, it gets in the way of everything and could get snagged off during use. This one inch long weight seemed like a good size.
You really need to start doing something with your arm. You have a diamond in-the-rough there and it would greatly reward you if you modded it. If you start with the OL end stub and the Heavyweight, you would really be getting somewhere. Be careful to not damage the bearings when you are removing and installing the end stubs. Don't apply any torque to the bearings! Isolate the bearings by holding the arm tube between the pivot and the end stub.
You really need to start doing something with your arm. You have a diamond in-the-rough there and it would greatly reward you if you modded it. If you start with the OL end stub and the Heavyweight, you would really be getting somewhere. Be careful to not damage the bearings when you are removing and installing the end stubs. Don't apply any torque to the bearings! Isolate the bearings by holding the arm tube between the pivot and the end stub.