I have tried flywheel weights on several of my 2 stroke Yamaha Wr250's and have the same comment as previously mentioned that I didn't like the power delivery. If you are going to try one I would go with the lightest available.
I have quite a bit of experience tuning yamaha's for off road use. The biggest improvement I have made is the FMF Gnarly pipe (at least on the older YZ's). This makes the power much more user friendly , in my experience, without making it sluggish. I ride trails, ISDE's, hare scrambles, and a lot of mud/tree roots. If it is slippery, the bike has the power with the Gnarly pipe to pull a higher gear and lug through the nastiness. If traction is good, you can still open it up an rip. With a flywheel weight, the bike seemed sluggish, and I couldn't loft the front end as easily when I needed to. I have also heard that a spacer on the reed block improves bottom end and a smooths the power delivery without making it slow revving.
Despite what the magazines will tell you, in my experince the flywheel weight is not a good way to correct the power band for your riding style. If you think you need one, even the 8 oz will make a big difference.