>>I plan on NOT removing the ring nuts, this time.<<
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As far as taking the bell housing off without removeing the transfer gear housing, I never tried it. All the gears need to line up, top gear into disc splines, then lower gear onto input shaft, then center gear between those two, so it's always just seemed easier to me to take the transfer housing off.
If you find an easier way let us know.
If you only have a TO noise I wouldn't worry about it. Many Boxers had noisy TO's when brand new, never saw one go bad because of that though. In fact don't think I've ever seen a siezed/bad TO on a 12. They usually get replaced because of the just in case , and while it's apart might as well factor.