Steve,

After a tremendous amount of jiggling and turning, I was able to get the key to turn and start the engine.

After a little more research, I decided to take the switch apart. I successfully removed the key cylinder from the switch. Outside the car, the key still will not turn. This leads me to beleive that the cylinder has gone south.

The removal procedure follows:
1) Disconnect the negative battery terminal.
2) Wait 10 minutes to be sure the SRS system is dicharged
3) Remove 4 bottom screws that hold the plastic steering column/ignition cover pieces together.
5) Lower the steering column to its lowest setting.
5) Remove the top cover (it is not necessary to remove the bottom one).
6) Rotate the key to the "II" position.
7) At the top of the switch housing there is a small hole. Use a small hex key to depress a latch (attached to the cylinder within).
8) While pressing down, pull out the key and cylinder together.

Now that it is out, I need to get a replacement...that part will have to wait until Monday :(

I'll submit pics at a later time.

Most Unusual, wouldn't you say?
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'01 V70 Wagon, 95K miles...'92 960 Wagon, 174K miles...'92 740 Turbo Wagon, 225K miles (sold)