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Here's a couple images of what I mean...

Before:
http://lh4.ggpht.com/_UC6mL59fu3Q/TTsZkFds_kI/AAAAAAAABw0/5qzlwyeMYa8/before.jpg

After:...

As long as the temper wasn't ruined with the dremel, I'd say it could probably be fixed. I've seen several ppl grind out the razor up to the crack, in a sense elongating the shank and shortening the...