keymastr wrote:
I wonder how it affects the balance on that wheel? Might want to have it checked.
Haters gonna hate, but otherwise you would have figured it out and answered your own question. Wheel weights come in 0.25 oz. increments. The magnet weighs 0.3 oz. and is ~1/2 the distance to the center of rotation than the rim a wheel weight would be placed on. For constant angular speed, the force increases linearly with the radius, so it's effectively a .15 oz. wheel weight, less than the minimum increment for good balance (if you've ever seen a wheel weight on a trailer tire). It's not an issue, and one could place an offsetting weight even if it were.