A few machine shops around here have a
"tap disintegrator" machine thats used to remove busted off taps,bolts and studs from various machines,its like a plasma cutter only it blasts just the busted part away...probably aint cheap though,and you'd have to bring the engine to them perhaps,I dont know if one could be used with the truck on a lift...
An update on my "free" 8 HP B&S engine..I finally got the dam chipper wheel off the engine,I found out the chipper wheel was threaded 7/16x20 ,I assumed the threaded hole I saw was only the 3/8 x 24 thread in the crankshaft

...all I had to do was screw in a 7/16 bolt and whack it with a hammer once,and the wheel popped off and dropped right on my left foot...

...the bummer was--the dam crankshaft is TAPERED,it starts out at about 1-3/8" OD near the side cover and tapers down to a short 7/8" straight section at the end about 1" long with a keyway.
....that SUCKS,because to use it on just anbout anything else I'd like to put it on I'd need a V-pulley real close to the side cover...so that means I'd either have to chop the old tapered hub out of the chipper wheel and have the OD machined to a large size a pulley could be put on,or a custom made tapered hub or pulley made,which will be quite costly...

...nothing is ever EASY for me,never!...

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