Ouch.
That's (IMO) too deep to polish out. You could install a SpeediSleeve - you'd have to do it 'backwards' (flange facing outwards before removal), but it's doable.
You'd want to:
- sand/polish the surface of the crank to remove all burrs above the surface.
- Clean it very well with some brake cleaner
- Then put some green bearing retainer on the inside of the sleeve, position the SpeediSleeve (again, flange facing outwards), and use a big socket or PVC cap or something to start tapping the sleeve on (straight!!!) with a hammer. Once it's started, you might be able to use the crank bolt to pull it in without fear of deforming it, but use your best judgment. Now that I think about it, putting the crank pulley on and using the crank bolt to start it might make the most sense.
- Make sure you drive it far enough back to cover where the seal is going to ride. Once you do that, make the cut on the flange and peel it off as cleanly as possible.
- Sand down the edge to remove burrs from when you peeled the flange off.
- I'd put some tape over the edge you just sanded anyways to make sure it can't catch the seal when you install it and damage the seal lip.
- Install the seal (lots of grease!!), remove the tape, and let the bearing retainer setup.
You might wonder "gee, that's a lot of detail, almost like you've done this before"...which is because I have. On someone else's vehicle that I was working on. Talk about stress - quite a good lesson to be STUPIDLY CAREFUL to never scratch a seal surface, and avoid the dumb "use a drywall screw to push the seal out" (which is exactly how I scratched the surface) method. The above fix has been leak-free with no issues, so it's a legit fix. If you do it, order two sleeves just so if you screw the first up you have a spare. That reminds me - I still have the spare I bought sitting in a box. I'd be more than happy to pass that on to you pretty cheap.
Pulling the crank would honestly be more work than just swapping the engine entirely. Sucks, but is true IMO.
Let me know if you have any questions.