PB blaster penetrating lubricant for starters. Can get any any auto parts store or Home Depot. Some people would thread on nut till its flush with end of Jackshaft, then tap out with a hammer.
Does it just slide off of the shaft or is it threaded on . I have been using pb blaster already .
50/50 mix of ATF and Acetone. Better than anything out there.
http://www.jalopyjournal.com/forum/threads/penetrating-oil-showdown.350800/
You have to shake the mix vigourously as it will separate, but works better than anything else I have used.