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I considered it but at present the chainring is worth more than the chainset, plus I have only 1 non-ramped chainring, but a few chainsets (in this size). Plus if I wear the chainring out I can buy another and pop it straight on.
Its an FC-M540 (Deore I think, Octalink too so quite old) so no biggie if I destroy it. Just gotta check Ihave the correct BB before Dremelling (although, probably not until after Easter).
Wouldn't it make more sense to cut the chainring, i.e. the consumable part?