I was wondering if you guys had a "magical" cure for removing a router bit stuck in the collet? A couple months ago I purchased a used Porter Cable 3518 to install in a router table. It came with a 1/2"x1-1/4" straight bit installed. Now I know why the bit came with the router, I'm guessing the previous owner could not remove it either. Anyhow, I've loosened the collet nut, soaked it WD40 and tried to pull the bit out with channel locks.
The bit is still locked in tight. Any suggestions on how to remove this? thanks-