tyres usualy mishape when tread gets below 3mm, but some can mishape before then, indication is increased tyre noise, and increased instability. run your hands around them feeling for lumps and bumps. theres 2 ways to balance alloy wheels, the 1st is the easiest and that involves just the one set of weights placed on or just inside the inner rim. the second way (fine) is the same as before but a second set of weights added closer to the outside of the wheel (just inside the spokes) i work for a tyre place mate and i do this all the time. my front wheels are fine balanced and my rears static (the first way) balanced.