@kramer woodie, you've likely figured this out in the intervening 3 years, but for the edification of those reading this thread for intel, as I am now, I feel duty bound to clarify that removing mass from the grip doesn't increase swingweight. If anything it decreases it by decreasing the mass of the racquet. For the record, the only way to decrease swingweight is to remove mass from above the balance point.
IIRC, swingweight is directly associated with the mass of the tennis racquet.
Adding mass to a racquet will increase its swingweight. For a fixed amount of additional mass, the closer that mass is added to the top of the racquet, the greater the increase in swingweight.
Removing mass from a racquet will decrease its swingweight. For a fixed amount of reduced mass, the closer to the top of the raquet the mass is removed from, the greater the decrease in swingweight.
So, on that basis, removing mass from below the current balance point will reduce swingweight. But nowhere near as much as removing it from above the balance point.
It is also important to note that removing mass from any part of the racquet except in the immediate vicinity of the current balance point will change the racquet balance. Removing mass from the current balance point will reduce the swingweight of the racquet while retaining the existing racquet balance. More importantly, a quick way to increase the swingweight of the racquet without affecting the current balance is to add mass to the balance point.