Are you guys really discussing mass difference of an oblate spheroid with 3980 miles radius and the average ocean dept of only 1.7 mile?
Even without water, it is only 1/2341 (0.000427)... an orange fruit skin has 26x more irregularities. 45mm radius, 0.5mm dept, 1/90, 2341/90 = 26.
An average rock (quartz) density goes from 2.0 to 2.6g/cm3, meaning worst case of 2.6 denser than water. It means the 1.7 mile average dept filled with water could be converted to the equivalent of (1.7 * (1-(1/2.6)) = 1.7 * 0.61 = 1.05 mile without water, what squeezes the ratio to 1.05 / 3980 = (1/3804) 0.000263, the orange skin = 42x has more pronounced irregularities.
Gravity acceleration measured by (Nasa Grace and European Goce) satellites results don't follow exactly the land/ocean topography, there are other factors involved, like metals in rocky formation, etc.
Just the oblate difference from Polar to Equatorial radius give us 14 miles, that is almost 14 times more pronounced than the conversion rock to water in oceans. It means the oblate kills any discussion about ocean dept and missing rocky mass. This extra mass around equatorial line could even represents why Earth is orbiting the Sun oriented as it is.