It's actually very easy.
You know the effective mass of the SME V.
You know its effective length. Call this Xel.
You know the mass of the extra headhsell weight.
You can take the counterweight off and weigh it (in grams). Call this M.
You can measure the counterweight's distance from the pivot before the additional weight and after it. Call these Xb and Xa.
The counterweight's additional contribution is then given by
M . (Xa^2 - Xb^2 / Xel^2)
The new effective mass of the arm is the sum of this number, the original effective mass and the additional headshell weight.
Mark Kelly