No not completely.
A single cylinder with a counter-rotating shaft still has a lot of second order up and down forces.
For each crankshaft revolution you get two complete cycles and they are not insignificant.
On an opposite they cancel out.
When i go to Bennett RC field, in Las Vegas ; i can tell without
looking inside the engine compartment, if it is a twin or single cylinder
by simply looking at the wing tips, when the engine is revved-Up.
The single will shake the air-frame a, (Lot) more, than a twin of
similar size . Every engine,, over 100cc, that Desert aircraft
builds, for the RC industry , is a twin or 4-cylinder ; maybe there is
a reason , for that ?
perhaps yes prop issues....it was lots smoother at + 2000 rpm the bad vibration was at 1000 or less...this is the first engine I ever had where both cylinders fired at the same time, they were both at TDC at the same time. With all its flaws it still is an amazing little engine.