5. Place side of lockbody on flat surface with open shackle hole down. Hit side of the lock with a leather or plastic mallet. You are forcing the retaining pin into the space that the screw occupied. If you will refer to the drawing, you will notice that the pin retains the cylinder by protruding into the slot of the cylinder cap. The pin needs to move just enough to release the cylinder.
I've picked the lock and rotated to ~30 degrees from fully unlocked. But so far I've been unsuccessful in getting the retaining pin to fall into the body of the lock. My guess is its probably encrusted with dirt and is somewhat stuck. Anybody have any experience with this kind of problem?