In think you might be misunderstanding the context of what I mean by 'accelerating'. In 'pure' acceleration terms, lighter rims win. But, every pedal stroke effectively accelerates the wheel (and the bike) and in every dead spot (ie top or bottom of stroke) the rim (and wheel, bike, rider) effectively decelerates. The flywheel effects of wheel rims are pretty negligible anyway, as has been pointed out on more than one occasion.
You seem to be trying to tell me that heavy rims even out the speed of the bike. This is true, though the effect is negligible. You're talking about the problem in very fine-grained terms. I'm talking about the macroscopic effects.
Can we take a step back for a moment? What I care about, as a rider, is how much energy it takes me to get from point A to point B, at speed S. There are four factors that play into this: 1) the energy it takes me to get the bike (and me!) from a stop to speed S. 2) the power it takes me to maintain speed S. 3) the distance between A and B. 4) the number of times I stop (traffic lights, etc.).
The energy it takes me to get from a stop to speed S is composed of two terms: the linear kinetic energy at speed S and the angular kinetic energy of any rotating parts at speed S.
The mass of the bike, for argument's sake is:
M = Mrider + Mbike + Mwheels
Note that Mbike is the mass of the bike minus the rims and tyres. We'll ignore the hubs and spokes since they have little effect.
Then the total kinetic energy of the bike at speed S is:
KElinear = 1/2 (Mrider + Mbike) * S^2
KEangular = 1/2 (Mwheels) R^2 * v^2
where R is the radius of the rims and v is the angular velocity at speed S, which turns out to be S/R, so
KEangular = 1/2 Mwheels * S^2
So, the total energy in the bike at speed S is:
KElinear + KEangular = (1/2 Mrider + 1/2 Mbike + Mwheels) * S^2
However, the idea that heaver rims might require more power to keep spinning is misguided, as any energy put in will always come out again at some point - ie during the dead spots, in the form of slower deceleration.
Like anything in physics, start by listing what you care about.
P(v), the power required to mantain a given velocity.
Then, list the things you know:
R(v), the rolling resistance of the wheels/tyres (in Newtons), for the avoidance of doubt, this
Dl(v), the linear drag of the bike + rider
Da(v), the angular drag of the wheels
Conservation of energy suggests that the power going into the system must be the same as the power lost by the system, or it will get very hot!
P(v) = R(v) + Dl(v) + Da(v)
I don't see a mass term. Heavy rims take exactly as much power as light ones to keep moving.