I used one of those spongetubes used for learning to swim, cut a piece of and experimented with how much i would need. then cut the size i needed of the tube, drilled a hole in it and cut with a sharp knife a slit to the hole in the tube so i can just kind of wrap it around the arm. Works brilliantly and only cost me 2,50 Euro. And i have still enought left to make at least another 10 of those cilinders.
Furthermore i filled the indentation of the base plate underneath the housing with the same material by cutting a piece of the tube so you get a circle with the height of the indentation, this fits for me quite snuggly in the indentation and then cut another piece and made that to fit the 4 extrusions that where not filled by the first piece.
What i noticed is that the housing with the baseplate is almost neutral depending on the port you have, but the flash and its arms are what makes the whole unit greatly negative.
For me with the wideangle port for the Canon 18-55mm IS kit lens, just slightly positive and with the macro flat port with Canon 60mm it is just a little more negative.
What i did is in a bucket of water is put the flash unit with arms in there and offset that with the spongetube untill i achieved almost perfect neutral bouyancy. (make sure you put the caps on the flash unit 
hope this helps