RE: Homemade lighted nocks
To tell you the truth, I don't know how much homemade lighted nocks weigh compared to a regular nock. I'm also not familiar with setups like yours anymore.
But I am always a little leary about adding additional weight to the back end of my arrow more so then the front. Especially when shooting longer ranges (which is were the lighted nock would come in handy for me - target of course).
It's not a good example, because it's at the front and you probably wouldn't be shooting very far with it, but would you considershooting 100 grain tips on all your arrows and just shoot a 125 grain for your one hunting arrow?