Managed to open up one of the old fork legs tonight. I have done this a few times now and have sworn and grazed knuckles enough that I have found a couple tricks that make the process a bit easier - especially if you don't have an extra set of hands and especially if that damn thing is rusted solid(ish).
Anyway, there is enough depth in the fork cap to drill and tap a hole about 15mm deep, so I do that first. Then I hit the cap a little (downwards) to break it loose. Then I ratchet down a socket on top of that and pry out the metal ring that holds it on place with a micro screwdriver. I hate this damn ring, it is a nightmare to get out. I am already looking at circlip alternatives for my own solution. Then once the ring is removed, you can very carefully release the ratchet - with safety glasses on and no-one else (or thing) to harm in sight. Sometimes it will just pop up, other times (like in this case) it will not - because of the rust build up. This is where the threaded hole comes into play - you can screw in a bolt and bash upwards to get it out. Pang! Be careful ;D
Now I can start experimenting with spring length, spacers, adjusters, emulators etc (all as discussed previously) without disturbing any of my other running SR's or dismantling this project's rolling chassis.