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Ozcal: yep, it's flat spotted. Full sus and disk brakes are amazingly forgiving of rim problems. The shop was amazed when they saw the wheels I wanted to rebuild a few weeks ago. The nipples were corroded badly (road salt), the rims were bent in several directions, rear axle was bent, and I was still riding it every day. I've been riding on snow and ice for a while, so I'm used to a little wobbling. Great idea to transfer spokes, I'll try it. Can't re-use almost new nipples? I'm a big fan of threadlocker, might that do the trick? Thanks for the refresher, that'll get me started.
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Yes, OK to reuse nipples with Loc-tite, especially considering the intended use. For that matter, maybe just abandon repair, drill an extra valve stem hole, and run two tubes at about 30-40% of regular pressure each - it'll be like riding on sea sponges but you won't feel the effect of the flat spot on your back side...
