Got another problem now...timing jumped on my ls1 and i gotta pull the balancer off again. I think either the crank or the bolt threads are stripped. I have the bolt loose and its loose enough that you can spin it with ur fingers. It dang thing wont come out now...any suggestions???

 

How did you install the balancer? Be honest!

 

Probably a result of using ls1howto.com for instructions.

I would try to get behind the bolt with something to provide force towards the front of the car while you are turning the bolt to see if it will come out. You are going to have to repair the threads as well so better start planning on that.