davidoli, the WD-40 worked! Nice, and thank you.
I'll also make sure to grease it as chrisdaph suggested.
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It's so tough to keep this car together sometimes. I've spent so much $ keeping it on the road. I guess that shouldn't be unexpected; I'm using my Dinan M5 as a daily driver.
While all the rubber parts fail, and antique status sets in, the engine still pulls so strong... I look forward to my 5 mile drive every morning. It actually motivates me to get up.
But this little thing, this frozen lock, almost pushed me to consider trading in my beloved M5 and getting a new 135i or a Certified 3 (it's roughly what I can really afford). I actually thought about it! WTF?
I drove an E36 M3 once; it felt like a heavy skateboard somewhere underneath me. It was nothing... nothing like my old E34. None of the visceral connection to the car. None of the "cockpit of this craft" type of feel. I dunno what the 135i is like (I plan to take a test drive, just to make sure), but I'm doubtful that a lessened frequency of maintenance, and a few grand a year, will make up for that connection.
And, yes, I am digging a nice fifth of Makers Mark. I'm not too proud to admit it.
-enjoy
tutash