Thank you for all the comments. I appreciate it. This is not my first freewheel by any means, but its been a while and it is my first Regina.
1. Yes it is a Regina
2. I have tool has the correct number of splines and it is the correct tool, as stated anyway, to remove Regina freewheels.
3. It is not hanging up on the locknut,
4. I will not destroy the freewheel, I may want to use it!
5. I am not above going to the hobby shop, I am just not terribly impressed with the ones in town, but I may be able to get to the Yellow Jersey on Saturday as I will be up in Madison for a swap meet. (Madison is 1.5 hours north)
Some pics:
Untitled by
Christopher Andress, on Flickr
Untitled by
Christopher Andress, on Flickr
Untitled by
Christopher Andress, on Flickr