Sounds like you have most every move down pretty well pat. The only thing one might add is to avoid hitting the pin directly with a hammer - use a brass drift with the hammer instead, to avoid swelling the pin.
As far as cleaning out the bushing holes, I used a long 3/16 cotter pin chucked up in a drill and a length of emery cloth rolled onto the cotter pin with the abrasive side out. The end of the emery cloth can be inserted in between the halves of cotter pin (the drill chuck will tighten it down) then the emery cloth rolled onto the cotter pin. This also works well for other holes of various diameters as you can simply adjust the length of the emery cloth to the hole diameter.
A little anti seize on the new pin or inside the bushing will help to prevent the pin from seizing up in the future. One should always use anti seize on anything that has the tendency to freeze up, ie tie rod ends, adjustable draglink ends, u-bolt nuts, lug studs, etc.
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