Panelman, I had to replace my balancer on my 230...the key way was shot. The replacement balancer came off a truck engine and had double grooves compared to the single groove of the original. Like Donivan mentioned...check the timing mark...mine was off on the replacement balancer and I had to make a new timing mark with a hack saw blade. Other than that, it sealed and the pulley lined-up no problem. Good luck.
,,,,,,that mark represents the cylinder that we time our engines to,,,,,,,,,usually #1,,,,,,,,however those Step Vans time their 194, 230, 250 and 292 engines to #2 cylinder, so thats where they put their mark and our engines SURELY won't like it if you time it to #2 cylinder. And another common problem is that our balancers are rubber mounted, so the mark on the pulley moves and you don't know where the timing actually is anymore.I made this test tool out of a freeze plug so I can hook it in the keyway and see if the notch is where it belongs when I work on 6 cylinder Chevys.......
I thought I read somewhere that the keyway in the center is supposed to line up with the timming mark on the outer ring. are they wrong? I know these engines have a lot of problems with the outer ring rotating out of synce. I could rotate the one on the 230 almost by my bare hands.
This is the back of the balancer but from the front, if the keyway is straight up, the notch is 45 degrees to the right of it. If it was a clock, the time would be 8 minutes after 12,,,,,,,(you probably can't find this kind of information anyplace else)
A used one usually needs a repair sleeve to cover up the groove worn in it and its just a matter of time until it too falls apart as that rubber dries up,,,,,,so if you can get a new one,,,,,,that would be the way to go,,,,,,