Of course. Sorry if I wasn't clear. All the "weights" should be their effective in water weight, we are after all trying to estimate how much wing is required to float the rig in the water, not how large a helium ballon we need to float the rig over dry land.
Lets look at a 6 lbs SS back plate. SS is ~495 lbs / cuft. Water is ~63 bls / cuft
SS in water is 495-63 or 432 lbs / cuft 432/495 = .87 A 6 lbs back plate will weigh 6 x .87 or a little more than 5 lbs.
You can see for the high density materials like SS and Brass there is a 10-15% change when submerged in water, so for the purposes of this estimate you can use the "dry" weights and not be too far off.
It's different with tanks, first they constitute a great percentage of the total mass, and becasue they are hollow their density is much less.
There are numerous tables all over the net that can provide the buoyancy figures for tanks.
Tobin