Well I'm on my way to having it all fixed up. My parts have shipped and will be here on Monday. I checked with AutoZone and they do rent an A/C manifold gauge set and vacuum pump, so I'll be good to go with charging the system after everything is installed.
I went ahead and removed the compressor this evening and a couple of the A/C lines. I did cover the openings of lines still in the car, although it probably won't matter as I plan to flush everything out.
Anyway, when the compressor dropped down to the floor, a couple piles of black dust fell out of it. I remember seeing a small pile of black dust on the floor under the crank pulley area of the engine that appeared a couple of months ago. I now know that was likely the first signs of this compressor going out.
Here's the piles of dust from tonight. A similar pile has been on the floor a couple of months now, right below where the compressor sits on the engine:
Closeup of compressor showing the back side of the clutch and pulley. Yuck. I could barely even turn the outer portion of the pulley at all, which of course should normally just freewheel.
From what I could tell, the insides of the lines look VERY clean. I'm still going to flush everything, though, and of course pull a vacuum on everything. Even the o-rings still feel like they're in good shape, but I'll be replacing those, too. I'll probably go ahead and replace all the o-rings in the entire system.
I hate that I'm having to spend the money on this stuff, but I'm very relieved that I can fix it all myself and it looks like it won't be too difficult at all, really. As always, proper tools makes everything easier.