Originally Posted by
univega.duder
Ha - this made me laugh. "Rarely works" has also been my experience with reverse drill bits but I decide to try anyway. I used some penetrating oil along with the ez-out. I also pried the cable slot with a flat head screwdriver as some had suggested. I futzed for about 20 minute before mangling the whole thing to oblivion. I will now be hunting for replacement brake levers. Hopefully I can find something at the co-op.
Thank you all for the many thoughtful and creative suggestions. I really appreciate the bike-forum members sharing of experience and expertise. Hoping it some of it will rub off on me!

Bummer!
If the co-op doesn't pan out, I'm sure that if you post in the ISO thread someone will pop up with a pair of something.