I'm not sure there's any disagreement there, Yogaman. "Balance," a function of the relationship between the center of mass and the base of support, is pretty much a meaningless concept in the air (where there is no BoS)--as the variety of different positions in which you can find an aerialist or freestyler while airborne proves--but that's not to say that the attitude, movements, timing, and so on are not critical. The entire measure of whether you're doing it right, though (other than style points in the air), is in the landing. So as I described before, any "balancing" movements we make while in the air matter later--in the landing. That's Balance in the Fourth Dimension--movements now to create balance later. And that's essentially what I read you describing as well.
Just for fun, I've often asked freestyle skiers and snowboarders whether they think they can be "out of balance" in the air. Some laugh and say "of course not." Others say absolutely yes. But when I ask them how they know they're out of balance, they invariably answer "you'll know when you land." Which, again, is my point. The movements you make when unweighted or airborne matter, but their effects don't matter until later, when you land. Who really cares what "position" you're in while you're airborne, as long as you land smoothly and in balance.