I have reduced my shank/arbor length by about 50% and I pressed out the old boring bar. The problem with getting it out is that there was a cover (perhaps a dust cap) in the head bar holder on top of the hole for the bar. Seemed like the cover was pressed sheet metal. I mangled that cover, but I'm pretty sure it's not a problem to leave it out. And the boring bar slides in and out nicely now.
I'm trying to pick an indexable boring bar, perhaps based on the recommendations in this thread. But, I've been looking at pictures and I'm pretty sure that the original bar I got with the head is Right Handed. And, the 1/2" one linked to is Left Handed.
Do I have the "hand" correct? And, if I do...are you running your boring head using a left hand bar? Do you need to run the spindle with the opposite rotation from normal milling cutters and such?