Balance and NHC (New Heroes Content) are incompatible in the same sentence.
Balancing so many units could take more than a year. And considering the addition of a ton of new creatures with a million abilities each, it would be problematic, to say the least. As far as I'm concerned, it took so much time to balance the original version with a minimum number of creatures. I agree that clunky models (and there are many) are more of a deterrent.
Why?! There is a utility for balancing - NOIADE... but it takes a lot of time to do the balancing!

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Неудачное планирование ведёт к неудаче ...
NCF - мод, добавляющий дополнительных существ в HeroesV 3.1