I have had good luck with the following method- heard about it several years ago and never would have believed it until I tried it. It works best if there is some bolt still sticking up where you can get ahold of it. Here goes:
1. Heat the bolt only first, then let it cool naturally.
2. Heat the area around the bolt AND the bolt at the same time.
3. While the bolt and surrounding area are hot, get an ice cube and put on the bolt ONLY. BE CAREFUL-WEAR GLOVES FOR PROTECTION.
4. Normally, if you can get a pair of vice-grips on the bolt, it will spin right out. No drilling required. Hard to believe, but it works. Try it. "
Here is a site if all else fails http://www.madelectrical.com/workshop/broken-bolts.shtml
Edited by enginboy on September 30 2006 at 4:28pm