What arms are you using? I started out making floats from PVC tubing with end caps. Worked for a while and then they actually leaked.
I use ultralight arms and I went to foam blocks cut to slide onto the arms. The ones I bought are from Generation Designs and I have to say that I love em!
Underwater - Floats and Float Belts - 4th Generation Designs
I have the FUL-3 blocks and 4 of them provide 1.6 lbs of flotation. I ended up with 3 on each arm that works for my rig and it's just a few ounces positive. I could tweak it more by simply cutting the blocks or shaving some off, but this works for me.
I bought mine from Bluewater Photo but it looks like they are not stocking the FUL-3 now. Only the smaller FUL-2.
As for attaching the gear to my rig, I run a piece of braided poly rope with a loop on the end passed through the handle slot and a bolt snap on the other end. Once I forgot the rope when I was switching stuff around at home and ended up making a quick replacement with a bolt snap and a few feet of paracord. Either one works but I prefer the nylon in low vis because it's white and a little floaty so it's easy to move out of the way.