...PVC is nice as a finished product, but it's not easy to experiment with unless you have a lot of time and PVC.
This is where math is your friend.
I determined the total negative buoyancy of my lights was X (about 1.2lb per light).
The area displaced by my ABS tubes was Y
Water volume for Y
X = 2.4 lbs
Y = 80 CI = 2.9 lb of water
Result slightly positive.
ABS, like PVC will not change buoyancy at recreational diving depths. Noodles and neoprene will.
Dave