well looking at it, the pully potion is not "centered" for lack of a better term. the rubber is thicker on one half than the other. so I'm thinking the pully may be acting similar to a wheel weight, but as I peer over to the old motor, I set it in that same wooden crate on the balancer
It seems to be the easier thing to try at this point, if this dosen't do the trick I guess I'm going to pull the tranny and t-case and check the converter and flexplate after that, I'm stumped.
Hopefully I can get started on that tomorrow, I'll check back here before I start in case somebody has more wisdom to share that may change my mind, but I'm appreciative of all the help people have been on this board so far!