Well my first attempt at replacing the bushing didn't go so well. Removing the bushing was very easy with the blind bearing puller that I was able to rent from Auto Zone. After I removed the old bushing, I quickly scraped out the housing where the bushing sits, then tried to insert the new bushing. Sprayed the area with Corrosion-x to act like a lubricant. Wouldn't go in easily so I ended up using a large socket on an extension and started tapping it in. After many taps I finally got it to seat, but the rubber surrounding the bushing started to disform like the original one where it would creep through the C-shape, but what was more serious is that the bushing had crept in the rubber surround thus disforming the rubber on the face where the washer and circ clip sit. After thinking about this and worrying that the bushing was not in-line with the drive shaft I decided that I had to try and take it out and try again. Unfortunately I could not get it out without destroying the bushing and no other dealers in my area had the bushing in stock so it had to be ordered and would be about a week. I guess that ended up being good, because it gave me time to thoroughly clean up the housing area. So I sprayed the housing area where the bushing sits with Corrosion-x and let it sit for a day. Afterwards I would use the side of a screwdriver to slowly scrap off the scaling and buildup in the housing area while trying to be careful not to scrape off the paint on the housing. Did this a total of three times. Everytime I would get less and less scaling. After the last cleaning/scraping operation, I used a dremel tool with a used wire brush attachment and cleaned out the housing before I put the new one in. After I got the new bushing, I started really worrying about getting it in and the problems I had the fist time. But I knew I had to do it, so I said a prayer and started. I coated the housing and the outside and inside of the bushing with marine grease this time. Got my large socket and hammer ready. Got the new bushing lined up with the housing and started to push it in. To my surprise, I could push it in very easily with a little force from my hand (didnt have to use the hammer) and eventually the new bushing was properly seated there the washer and circ clip could be installed.
In summary if you plan to replace the bushing on your BF225, use a blind bearing puller to remove the old one, thoroughly clean out the housing area of scaling, and use marine grease to insert the new one.