My fiend Neil, who's done quite a lot of this work, has said,
"My personal preference for weighting is to drill a 3/8" hole into the leading edge of the blade, put in the appropriate length of 3/8" round lead and add West system epoxy to bind it together. After the leading edge tape and paint goes on over it, it's aerodynamic, secure and protected from the weather."
This seems like a good approach.
We tried to keep the weight of the blades very close as we carved them, but the finish, tape and in our case any minor imbalance in the alternator itself plays in to it. We got a really nice finish on the blades, and I just couldn't bring myself to drill into them.
While it may seem like a lot, in this case the weights we added were less than 1 lb. (.45 kg), considerably less than the blade plates at roughly the same location. I guess if I had it to do again, I might have balanced the magnet rotors first, but I'm really not expecting any problems. Statically, we're pretty spot on, and we're going to know soon....