When they designed the engine they will have put that nice expensive component in there for a reason. I really wouldn't suggest removing it, it will be there to prevent it from shaking itself to bits!
The bushings and shaft could probably be sorted out by a machine shop if you can't get hold of a good second hand one.
Good afternoon,
I’ve completed the full rebuild of my 3.7 KJ engine. I replaced the rod and main bearings, bought new connecting rods since the piston pins had wear, and also installed new pistons. The cylinder heads were serviced, and both the oil pump and water pump were replaced.
As I had asked you before about removing the balance shaft, I removed it completely and blocked the two oil passages that come from its bushings. The engine is running 100% — I didn’t notice any practical difference, no unusual noise or excessive vibration.
The oil pressure at idle at 95°C is 1 kg/cm², which I consider excellent.