There is no issue of mass in this design and friction is very very less so there is no problem of inertia.
At this point, this thread has grown from interesting to painful to read. Painful like watching a tsunami clip yesterday on Youtube, in a country that has seen countless city-wiping tsunami in the past 100 years, and the locals were still ignorant of the phenomena. Seriously, I was almost screaming at the monitor saying "The tide has pulled out 200m in 10 minutes, where do you think all that water is going, and why? GTFO of there!!!". To no avail.
There is mechanical friction in every system. Even if it werent mechanical, you still have electrical friction (resistance) due to the materials you have at hand.
Mass is ALWAYS an issue. Why are airplanes aluminum? Because if they were steel they wouldnt fly (or require ridiculously large engines). Why are racecars light? Because an extra 200lbs of weight would kill the brakes and tires when cornering. Why are turbine blades made of titanium and balanced to ridiculously tight tolerances? Because any imbalance or extra mass would cause it to self-destruct (and down your steel bodied aircraft). I once read that every additional pound of weight NASA had to send into space cost around $10,000.
Any time something changes direction (like a crankshaft), it imparts force on its surroundings (like bearings). No matter if you think it's inconsequential, that is energy LOST from your system. Even the simplest of systems are not immune to this. Friction is there, no matter if there is immeasurable heat transfer.
Ever hear of
Newton's Cradle? Tell me why it stops, even in a zero gravity vacuum.
At this point, I'd be happier to find out you are trolling us than still serious. As I wrote before, I DO admire your dedication, however, there is nothing more you'll gain here.