you guys are at the wrong end of the engine, i would not even try and get a reading off the flywheel. you start adding weight to the outter edge of it, and things become unbalanced real quick..
you add a couple small nuts to the outter edge of a 4.5" pulley, and its not going to need to be super duper accurate balanced..
im not saying my method of driving the tach is the BEST, but it is EASY, VERY CHEAP, and done with normal tools and parts, nothing special..
my setup uses a VERY EASY TO OBTAIN cam position sensor from a SOHC 4.0L ford V6.. it works great, but its not strong enough to drive a stock gasser CE2 tach..
idk, you guys can mess around with optical sensors all you want, but its not necessary i dont think.
again, i wouldnt ADD ANYTHING to the flywheel, unless you have it balanced after you do..
a couple grams added to the edge of the pulley (spaced 180* apart, to counter balance each other) isnt gonna do squat, its not gonna cause any bad harmonics to crack your crank, or anything fun like that..
a couple grams added to the outside edge of a 15" flywheel, and only using one magnet, or sensing device..
and yes, the alternator W signal is very prone to discrepancies.. if your belt gets wet, and slips, the tach doesnt read. if your pulleys wear to different dimensions over time, its not accurate, as your belt wears, it changes the accuracy. as you load/overload the alternator, the accuracy changes.
in my opinion, the W signal is basically useless if you want a REAL number for your RPMs.. it just gives you a GENERAL IDEA of how many RPMs you MIGHT be turning. could be more, could be less..
and i KNOW FOR A FACT, that my tachometer setup that i built, was 100% accurate.. tested its accuracy against scirocco.org/gears, with a GPS, and it was dead on accurate..
im not trying to push my way of driving the tach, but its easy to do, and it works with any after market tach..