There are two things I've heard of ppl doing with pulleys that work relatively well:
1. Having PS + AC lobes machined off, then getting it rebalanced professionally. This works well (but is rather expensive - $50 to balance at my local machine shop of choice) because the pulley is still perfectly balanced, even though a lot of weight has been removed.
2. Taking an angle grinder to the stock pulley with someone holding the motor at about 2000 RPM. This works well because the pulley will balance itself nearly perfectly as you grind. One of the hybrid OGs I know (*cough* Adrian *cough* Teo) is rumored to be the original gangsta who used this method. (and is also someone who could give B a run for his money in a obsessive-compulsive-anal-retentive-about-my-car competition)