Gary,
Axles and strobes won't add much. Over the years, owners keep adding dozens of gadgets, appliances, AN gyros meant for a B-17, Electronics of ancient age,Venturi tubes, heavy upholstry and a bunch of crap in the luggage box and back seat that they never use. Let's put a forest of antenna on the top of the fuselage a couple old beater rotating beacons like my Cruisemaster has .....and now we're talkin' turkey. A two place Bellanca that does 125mph...maybe.
Being light starts at the rebuild/restoration stage and takes real planning and execution. None of the 14 series Bellancas need heavy fabric. Medium is plenty strong and takes less material to finish. Lightweight starters, alternators, batteries will help the nose heaviness in the airplane.
I once replaced an industrial battery in the T-14 that weighed 35 POUNDS with a Concord RG battery that is more powerful and weighs 21 pounds....replaced the starter with a Skytek and saved 8 pounds...now that is a good start. Pretty soon, I'll just float away.....
Dan