You say "seat of the pants" vibration and not steering. That generally takes the issue away for the wheels and puts it into the driveline. Not always I'm sure, and you have replies from some knoweldgeable people.
I have been chasing vibrations in my 62 since i got her. I had some of both: Steering vibrations and "seat of the pants". it has taken much time but I'm almost clear of all vibrations..
Steering vibration was ultimately solved with the wheels. Not on balancing (of course that helps) but finding one wheel that was warped. Once i replaced that wheel, and did a rebalance of that wheel/tire, steering vibrations are gone.
Now to the "seat of the pants". I also got my draveshaft balanced. They found it out of balance at the axle end. They balanced it and, it helped some. But not all. I then saw some scoring on the yoke after the balancing was done. So, I replaced the yoke. Still some vibration. I took the driveshaft back to check the balance again. Well, sure enough, it was out of balance at the front! Now that the rebalance was done, I am "almost" vibrate free! A little vibration comes in at 65, and leaves at 70. Had her up to 90 this weekend and so smooth it was scary!!!! The remaining vibration is tolerable, but I now think I can get rid of the last of it by replacing the tail shaft bushing (where the wear on the yoke was ocurring).
I apoligise for being so long winded. But it has been a chase, and not a fun one.
Hope this helps!
Hal