Thanks for the advice guys, I appreciate it. I will get a picture up within the next few days, but basically the bolt has fused to the cases due to them being dissimilar metals. I can't remember the name for it.
jimson - I'm not sure if you've seen a newer TS185 motor or not, but its not like the old motor that uses 2 seperate removable plates, one is removable (which I have removed) but the other one is welded to the frame. This side is the one that the bolt head sheared off, and because there is *just* enough metal on the bolt still inside the metal plate, I can't lift the engine up to clear the lower mounting plates to lift the engine free from the frame. As they say, a picture is worth a thousand words
oldfart - Brake fluid sounds like its worth a try. Another option is getting a friend to press the bolt out, but I am paranoid about cracking the cases. As you say time is nothing, but all it takes is one slip up to destroy a pair of undamaged cases.... :'(