I ended up getting a hands puller and setter off the bay, and taking a whack at it myself.
Ended up:
1) Removing movement. I this one the stem release is just a push-button, not a screw.
2) Remove all hands including Depth/GMT. It's a depth gauge hand, but acts as a 1/2 GMT on the rep.
3) Bored out the depth hand a little using an all. Someone had suggested a toothpick, but it wasn't enough.
4) Put a drop of superglue on the depth hand were it flares out, and "set" if to "off"
5) Put everything back, and viola!
Had a few moments were I though I would regret doing it myself, but all worked out in the end. I tried to keep everything dust-free, and took my time. I think the total cost for the puller, fine tweezers and hands press was about $14. This movement runs great and keeps excellent time.
It did bother me that depth hand was moving, so I can check that off the list. While I was in there, I was thinking about coloring the depth marker dots, similar to the original, but I only had magic markers, and I thought one success was enough, why tempt fate.
This guy wears big, but I'm really enjoying it. I currently have it on a Ted Su diver, and have worn it on an ammo - both very comfortable.