without any other suggestions, its always safe to put the weight hole at the interstection of your vertial axis line and a line drawn through your center of grip and cg of the ball. I am a medium/high rev player.. and put a hole past my VAL (for increased flare)... ball flares over the hole. So I would suggest staying on the VAL or inside it a little. As far as targeting the ending side weight, I would say stary with something smallish (maybe 3/4" bit 2" deep) and test it out... if it is still too snappy, go a little bigger... maybe 1" bit 2" deep. To smooth it out more go to 3" deep... and/or a little bigger hole. If testing it out isn't an option... then I would go somewhere in the middle... maybe 7/8" bit 2.5" deep?
S^2
--------------------
+-+-+-+-+-+-+-+-+-+-+-+-+-+-+-+
-Strapper Squared
Who says MAC's never crash? Word works for less than a minute... Safari isn't much better... and I think last time the Force Quit even crashed...