Weight on a polystyrene planet, the same size as Earth, would differ significantly due to the planet's lower density compared to Earth. The weight calculation involves multiplying mass by the gravitational force, which is influenced by the planet's mass derived from its density and volume. The discussion highlights that polystyrene can vary in density, complicating the calculation of weight on such a planet. If assuming low-density polystyrene, a person weighing 160 pounds on Earth would weigh about 7 ounces on this hypothetical planet. The conversation also touches on the complexities of density variations and the mechanical properties of a polystyrene structure under gravitational forces.