I have had recently to remove the prop shaft from my brushless trial boat for transfer to another hull - took some in-process pictures and wondered if it would help to share them.
By the way - if you follow Glyn Guest's advice and fit prop shafts using balsa cement there will be will be problem in removing and re-using them. Just drip acetone or cellulose thinners on the area till the shaft comes loose!
If anyone has fitted a shaft with PVA (woodworkers glue) as the fixative (and that would not be a silly idea) it will soften with heat - I would suggest touching a soldering iron or similar to the prop shaft tube for several minutes and see it the glue softens and frees the shaft.
Most people, I guess, will have fitted shafts using a resin - either polyester (the smelly one) or epoxy. I had used my favourite 151 epoxy with lots of microbaloons to fill holes and stiffen the mix.
Neither epoxy or Polyester resin are thermoplastic, but they both soften considerably with moderate heat - around 100 degrees but I don't expect that they will soften enough to get the tube free.
Neither resin has any easy solvents which would free the prop tube.
So
It must be a physical metod of removal!
pictures follow - I do not have my camera with me

equipment required:
One tube which fits over the prop shaft tube - either the next largest K&S brass tube, or a length of aerial tube
One hand or battery drill
One patience to read the next post with the pics
andrew