Glaudds,
Your physics haven't failed you. More mass at a larger diameter is more work if you are trying to spin the wheel the same speed as a lighter one. But, here's the deal, if the pump cavitates, more than it would with the needlewheel, it may actually draw more watts. We tested this by choking down some pumps last weekend and found that if you load them down with a ball valve, they draw fewer watts. It would stand to reason that if the impeller/magnet/field portion on a mag drive, or armature portion on a brush type motor was allowed to spin faster than it could in a fully loaded 0 head situation via inducing extra cavitation, the motor may indeed pull more watts.
However, unless someone has actually tried your version of the mod in addition to the disk method, then observed the results both in terms of wattage drawn by the pumps and airflow through the venturi, they are really just guessing as to what may or may not be happening behind the volute.
Like yourself, I am hesitant to cut on a brand new needlewheel that has a $50 replacement value, when I can butcher a std impeller for $15 and still probably see appreciable results, not to mention screw up a couple of times before I come up to spending the money I would on a replacement needlewheel. I've just been too busy to go out and grab a new 3500 impeller for my CS-6, but when I do, I plan on leaving all of the blades in place, and using a belt sander to thin them down, I'll then attach the material to the remainder of the blades, and then stack as many layers as I can until negative results are percieved on a killawatt or through bubble production and required outlet height to maintain a certain break line in the neck of the skimmer.
If I get time, I'll bang it out this weekend, but I've still got to finish the doors for my canopy which the wife is starting to get a little impatient about
Chris