That's a hokey substitute for doing the job right ("reduces vibration up to 50%..."). For a driveshaft spinning at 3500 rpm, the objective is to have zero vibration, and the only way to achieve that is the way the factory did it - dynamic balancing of the shaft, with welded-on weights, to achieve near-zero imbalance. Any shop that does driveshafts does the same thing every day.
The motorcycle applications they tout in their ads have nothing to do with "balance"; motorcycle engines and flywheels are already "balanced", just like car engines are. They're damping crankshaft pulsations that occur in an uneven-firing V-twin engine configuration, not "balance".
:eyerole