The way I do it is to remove the tailhousing and drive the old bushing out then drive a new bushing in. The tool to do that with is the trick. People say to take it to a transmission shop because they are of the few people that have invested in a set of bushing drivers such that one will fit what you need. A set of non-specialized drivers from SnapOn can cost $900. (Ask how I know.) Two ways around all that. Find something that is ever so slightly smaller in diameter than the bushing that you can beat on. Second, make something. Unfortunately, handy bits of wood and plastic around a handyman's shop won't do it. The bushing will act like a knife and slice into that stuff. I've made my own drivers out of randon pieces of steel I turned down on a lathe. If you happen to know someone with a lathe capable of doing steel, ask a favor. If it's a hobbyist, he'd probably be glad to blow the dust off it and make something "easy" and useful to someone.
Though you can knock the old bushing out with a screwdriver or whatever, it tends to gouge up the inside of the housing. Much better to wait until an install tool comes available and use THAT to knock the old one out cleanly.