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There's a simpler way if you can assume that only 2 people are using one account -- you'd use Greasemonkey to store all the items you flag as your own, and then when you rebalance, it would just put your own items every-other-one in the list. It "assumes" that everything not flagged as your own would be from one other person, so it could split the list 50-50. No central server needed in such a case.
Having thought it through, I think I'll leave it to others. I'd want to do it the "right" way with the central server, which would take more time to put together than I have. It seems very useful, though. I hope other Greasemonkey developers are considering it. Heck, maybe there is a better way that is less investment for the developer. Better minds will find it.