Red - just did my tires last nite, and it hadn't really occurred to me how difficult it would be to balance that rear wheel until I got it off
As the hub plate will offer some headache - thankfully, my buddy with the tire gear has an older speed triple and a few hawks, and was used to this nonsense

Grab a piece of pvc pipe, wrap it in duct tape so that it fits snugly into the rim - run the balancer bar thru that, and snug up the ends to the rim (with the end flange and washers), and to the small section of pvc pipe. Works like a charm.
Oh, and in case you were wondering - those radial brake calipers force you to pull the calipers to get the front wheel off. You might be able to rotate te fork tubes away, but it'd be close.