I was also guessing about the torch thing, my problem is I have no torch. I called the machine shop today and they said $40 to replace ring gear and have flywheel turned. I figure that dosn't sound like a bad deal as it wouldnt hurt to have it turned due to a few small hairline cracks and surface rust on the friction surface.
69 firebird 350 ho 4spd someday I'll get this thing on the road again