Actually we aren't. I am well aware of what using a rear ballast means. I never said the CT120 was a lawnmower either.
What I said was the rating given for tractors is best case scenario with a rear ballast on level ground. By the time you back out the weight of the QA, and
grapple as well as take into account a safety factor for uneven terrain there is not much capacity left and when you do that the weight of the load as well as the majority of the tractor is all on the little front axle which was not designed for that.
I had a CT-450 and with a heavy rear blade I could pick up small round bales, likely 1,000 pounds or less and even then there was only a couple hundred pounds on the rear tires, everything else was on the front axle. If you are driving and that side goes into a dip or sinks into mud it is very unstable.
I would guess that the OP is correct in thinking he will be able to safely carry around 400-500 pounds in a
grapple.
Out of curiosity how do you adjust your ballast? Is that like yelling for junior to come stand on the brushhog so you can move this load lol.