do you really mean 'mass'? As in the number you see if you put your club on the scales (technically this is weight, but I don't want to get into an argument over semantics, I get enough of that at work!) Unless you have loose adjustable weights or something breaks off, there is no way you can reduce the mass of the clubhead during the swing. You mention conservation of angular momentum (where the momentum is given by mass x radius x tangential velocity) so are you trying to say that by somehow reducing the radius you will increase the velocity of the club? I'm not sure you are as I don't see how the radius would be reduced, but it's all I can get from what you have said. If so then this is correct, although only for a closed system (i.e. no external forces). In the golf swing I'd assume you are applying some external force, unless maybe you are Jim Flick! (sorry, I couldn't resist - I like some of Jim's stuff, but I've always assumed this is who Brian means whet he talks about 'those people that thing the body will respond to the arms' - am I right?). If not, then can you clarify your statement?..........
Not sure what you are thinking here, and I'm no physicist, just a dumb engineer, but I don't believe mass changes with speed. Mass is a measure of the amount of 'stuff' something consists of, so an increasing mass would imply you are creating matter (I think). Weight might well change, as this is just a measure of the force exerted by the mass, due to whatever gravitational field you happen to be in (the earth's, usually!) If you accelerate the mass then you can increase the force it exerts and so it's measured weight would appear to increase also.
I don't think any of this effects the flatness of your left wrist though