A single thought.........

The basic premise of a weight on the wheel, is that the weight can impart its gravitational pull in such a way as to affect the center of gravity of the wheel, depending on its position.  The mass of the weight is constant and the pure effect of gravity on the mass (weight) does not change.  So, to make a different effect on the wheel a weight must move.   There are basics which cannot be ignored.

If a weight is hanging from the axle is has essentially disappeared from the wheel

The farther away from the axle the more effect that the weight has on the wheel in any position other than 12:00 and 6:00

The most power of a weight to effect rotation is at the 9:00 and 3:00 positions

The weight at 12:00 and 6:00 has no rotational power

                as the weight moves from 12:00 to 1:00 it has more effect on the wheel

                              as the weight moves from 1:00 to 2:00 it has a little more effect on the wheel

IF a mass is put at the top of the wheel at the perfect balance point the wheel will not turn, but put it  out of the center of balance, the wheel will turn

IF a mass has moved from the top to the bottom the potential energy stored in the mass has not changed only the position

The wheel has its own set of rules, and it will not respond to anything else

A lot of my early work was centered on the energy of the falling mass and its impact, but no net gain seemed to appear, as it is only the mass on the wheel that can effect its rotation or listing over, and in a ship the weights are typically moved below deck from side to side to bring the balance correction that is making the ship   list  .... lean....  over

So...... the power of the mass or weight is most effective on the rotation at the 3:00 position and as far from the axle as possible the opposite would be the the 9:00 position and close to the axle

GRAVITTEA