Here's a old post from Chris Carson on scream and fly. Leave the fuel and electrics connected,break the Powerhead loose from it's gasket and insert a wedge,preferably a wide one beside the center of the back where the exhaust and midsection meet,wedge the Powerhead up 1/4-1/2 in,in the rear only,since the drive-crank spline is close to the front of the motor this will ruin the alignment of the two shaft splines.Now start the motor and the misaligned and spinning shafts will break up the rust and the lower lull magically fall off... In very hard cases you may go through a few heat up cool down sessions or even have to gently pry down on the lower,but it will work,this method has never failed me, many times,chris
Might start one or 2 bolt back in just to have something to hold the powerhead from falling off. wouldn't tighten them down just start a few threads in. Wouldn't run it over a minute out of the water though and probably be a good idea to put in a new water pump impeller afterwards. Also seen where people have wedged something in between the mid and the lower unit. Worst comes to worst cut the drive shaft.