Okay, so update time! In some cussing and swearing at the regulator while I tore my door down, took out the window, trim and everything, I realized that I had to drill out the rivets to get the damn regulator out?! (Doh!)
Predictably, I started to panic like a 14 year old tween and went to my basement to get a 2x4 to keep my window up and shut it up for good and be done with it.
HOWEVER, when I walked out, and looked down the window channel from above, I saw that there was a small shiny pin sticking out of the regulator. And I'm like, "gee, that seems out of place."
So in good ol' redneck fashion, I picked up a socket wrench and used it as a hammer to smack the pin back into the regulator and VOILA!!! Damn thing started working as good as new!
Problem solved and lets see how long that regulator will last. Its already taken 24 years of abuse, maybe it'll handle 24 more