Yeah, I really don't fancy having a crack at it (at least not considering I paid for it). Were it a freebie, or a charity shop find that'd be a different kettle of fish, but so far any camera I've tinkered with (or tried to tinker with) has met an untimely demise.
The problem is that the back of the bellows, in pretty much all folders, is sandwiched between the front and back halves of the frame. While the late model Agfas and late model Kodaks have the two halves of the frame held together with four small bolts, almost everyone else used rivets. I'm tempted to say everyone else used rivets, period, but I have not seen every folder ever made. Anyway, changing bellows is easy with most of the later models of Agfa and Kodak cameras, but it can be a lot more difficult for other makes.
Apparently lots of people cheat on this. They just cut the old bellows out and glue the new bellows in from the front of the camera, without seperating the two frame halves. The new bellows is just glued to the front of the frame. I'd bet that the glue doesn't hold on half of them though, and I bet most of the rest have light leaks. The manufacturers sandwiched the rear of the bellows between those frame halves for a reason and that is because the front and rear of the bellows are pulled apart with some degree of force. Glue alone won't usually do it.
Also, in some makes, like the Zeiss Nettars, you also have to remove the tripod bushing to get the two halves apart. Since Zeiss beveled the edges of the bushing, you can't get a grip on it and it involves a lot of very hard work getting it out of there without modifying or damaging it. I've been calling getting that %#@ Nettar bushing out "the geased pig of camera repair." The phrase gives a pretty accurate idea of what anyone attempting it would be up against.
Now I'm not sure which method Olympus used, since I have no Olympus folders, but I'd bet on rivets, since that's what nearly everyone else used.
