The balancers can go bad, it's the volcanizing(rubber). A welded pump means probably never needing to change again.
You have to pull balancer to change pump.
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Good to know on the water pump. My co worker had to have his done around 80-100K because it was leaking on his 05 LLY but he had a new GM pump put on.
I just bought an ATI for an LS engine. Not cheap but I know what you mean.
If I can utilize the money else where on a stock rig I would prefer that. I have no problem Buying good parts. I have been looking into some of the replacement suspension stuff as well.