Ok, I gave it a go and I'm glad I did. Details here for anyone looking to do this in the future:
Step 1: Removing the plugs
There are two black plastic plugs embedded in the pattern selector ring, one on each side. These need to be removed. In my microphone, the plastic was quite brittle, and I found it easiest to work them out with a fine jeweler's screwdriver (careful not to scratch the finish)!
Step 2: Remove the screws. These are 2mm hex, and they have been fixed in place with something like loctite, so it takes some effort to get them free.
A shot of the screws (they are short):
Step 3: Remove the pattern select ring (it slides down over the handle). Here is the mic without the pattern select ring:
Step 4: Remove the thin plastic insulating disc (it also slides down over the handle):
Step 5: Remove the foam and screws fixing the head basket to the base. Two notes - 1) the foam can easily be pulled out with some tweezers, and 2) be VERY CAREFUL when removing the head basket - there is a spring and ball bearing inside that will pop out if you are not careful. I heard this would be the case, so I carefully "ejected" the spring onto a rubber mat.
Here are the parts (note small spring and ball):
Step 6: Remove the headbasket. Here are shots of the inside of the base as well as the inside of the headbasket:
Base (note, for reassembly, the ball bearing goes into the hole to the left of the left most gold contact, followed by the spring, which sits on top of it):
Headbasket:
Step 7: Remove the remaining screw on the bottom of the headbasket, followed by the two bullet-shaped screws, which require a very small, stiff tool, or delicate work with pliers.
"Bullet" screws seen from the side:
And removed:
Step 8: Carefully pull the capsule assemble out of the headbasket. Here's what made all of this worth it - the capsule is intact!
Front diaphragm:
Rear diaphragm:
Now I just need to clean it!
To confirm everything else was working properly, I temporarily stuck my M71 headbasket on the UM70S body, and it worked like a charm (and sounded great)!
I'll report back on the cleaning of the capsule.