Didn't realize it was that big. It has to be the IVA. I would think the foam would work.
But I would try to figure out where they originally mounted the IVA. If it's supposed to be in the middle, you'll need to add foam from both ends at same time so it doesn't get pushed to 1 end.
I just ordered a driveshaft from Mancini, it's $345 including shipping, u-joints & slip yoke.
I was thinking about getting it powder coated, but was concerned it might throw off the balance.