I would presume that drilling is the only way to do as a normal, service procedure..... you have to not only remove some weight but remove it at a specific angular location. Turning down would not remove it at the typical angular location (at least typical ones I have seen; the effective weight removal by turning would be centered on the counterweight. I don't have or run a balance machine, but all the info I have viewed on how the work and are used is they they instruct the operator to drill so deep at a certain angular location, or if older, remove so many grains or grams or inch-ounces at a certain angular location.