But seriously folks, I had a 1973 Ford 2000 that I ran for 16 years with loaded tires. I did not have a FEL on that tractor so the loaded tires were strictly for traction. Other than the extra cost of having flats repaired at the tire shop I never had a problem with the loaded tires.
I bought a new JD a couple of years ago (4710 w/460 FEL and 48 BH which is heaviest in this class for JD) which obviously came with unloaded tires. I asked around with the local farmers as to what was the best way to ballast the tractor, loaded tires or wheel weights. Everyone said to stay away from loaded tires due to environmental and maintenance issues.
I went with the JD wheel weights and put 220# on each side for a total of 440#. This works very well with any FEL work I do even with just a 6' grader blade on the back.
But, I recently added a grapple on the front that weighs in excess of 600#. With the BH on the back I obviously have all the ballast I could want but there are times when working in rough terrain that the BH doesn't have enough ground clearance. My preference is to run a grader blade on the back but this doesn't provide enough ballast for heavy loads when using the grapple. I can use my bush hog for ballast just fine but this is too much hanging off the back for maneuvering in tight places not to mention it is really handy to have a blade on the back while doing this type of work. I am considering going ahead and loading my tires also to give me the extra ballast.
Why do the farmers in my area dislike loaded tires so much? Indy, you're a farmer and don't seem to have an issue with it. Around here everybody uses calcium in the tires. Is this the enviro issue the farmers are worried about?
Other than the fuel economy issue, which to me is a moot point, and the other points already raised here, are there any other good arguments for not loading the tires?
Pmoon, to answer your question, I would go with wheel weights or loaded tires 1st. This leaves your 3PH available to put a useful attachment on the tractor to give you more versatility. A ballast box would be my last choice.