The problem with cutting it out is that you will have nothing to press the new bushing in.

I used this to press mine out and then back in:

http://m.harborfreight.com/6-ton-a-f...ress-1666.html

Paid for itself after the first use. Shops charge $150 and up just for compression rod bushing replacement labor.

 

Also if you want to press in new busbings in the lower control arms and upper control arms, the press makes a quick job of it.

 

That's only the Armstrong or rubber ones tho. Energy and white line are a 3-piece design; you just push em in by hand.

 

And they last almost indefinitely. It's a no brainer.

For the LCA bushings I used a vice and a socket to press them in.

I have always had access to presses; I used to be in engineering at a company that made them along with rotary index tables, and other automated machinery. There is no need for a press IMO.