If the steering wheel shakes I always suspect the front wheels or suspension first. Excessive vibration can be hard to find. Drive shafts, worn center bearings, and bad u-joints can also cause problems that feel like bad tire balancing. Drive shafts on long wheelbase chassis can be bent when you hit high center on steep driveways or from something thrown up on the road. Rare, but driveshaft balancing can be wrong. Center bearings on multiple driveshafts are especially hard to diagnose when the slots in the mount are shifted to one side or another getting the driveshaft out of alignment.