I'm really glad we're having this discussion also. It's good to get some "real world" experience and data.
If you meant 0.27 oz. for the sq. foot of fabric, Lowell, that would give you 2.43 oz./sq. yd. - considerably less than the published Polyfiber data. I used a calibrated electronic scale, but I can't personally verify it's accuracy without test weights. I wonder about the accuracy of your scale too. However, like you said, any inaccuracy would probably occur with both samples. I look forward to your experiment with finishing the sample, as I would like to know the true weight of the paint also. That's the most important piece of data.
Of course I have thought of the fact that the volatile components of paint evaporate, and also that there is a lot of difference in "cured" vs "wet" paint weight depending on the amount & type of "solids", the curing method, etc. The wet vs dry weight difference is going to be greater with Poly-Tone than with a urethane or epoxy finish. This makes the difference between the weight of a gallon of liquid paint versus the cured or dried result of that gallon much greater with the Poly-Tone for instance. There will be more evaporation of components
On my T-18, I weighed everything I could, before & after painting, to come up with the 30# figure. I weighed & painted the rudder, vertical fin. stabilator, ailerons, flaps, wing panels, wing tips, wheel pants, gear leg fairings, etc., etc. all separately. I then estimated the fuselage based on that experience. Believe me, it was very accurate.
Finally, if you are painting your sample with Poly-Tone, I believe that the finished weight might be considerably heavier with Aero-Thane... just a guess.