A few ideas to try by hand :
1) a quality very large bastard file. Clamp the blade in a vice and lean into it with the file.
2) a large x-coarse waterstone and x-coarse lapping compound (40 grit or so). Spread the lapping compound on the stone and use a lot of pressure.
3) large sheet of x-coarse sandpaper. Can be used like a strop, or on a flat backing like a hone. Get metal working sandpaper, the cheap wood working quality won't do much of anything.
All of these are much faster than a diamond hone, but you are still looking at hours of work to thin out a really thick edge on a large knife.
If you have access to power equipment, then you can grind without overheating by taking one pass at a time, and cooling in water after each pass. Don't press too heavily, or move slowly as these will allow to much heat to build up. Working with your fingertips on the blade gets solid feedback. Even something like an angle grinder will do to get the rough shape. You then refine it with a file and or hones. Sharpening blades in this manner is fairly dangerous if you don't know what you are doing, so take care, wear protection, etc. .
Personally though, I would not spend the time as Ontario's QC isn't that great in my experience. You would probably not be that happy after a few hours of work to get the blade in shape, if it then got heavily damaged during use. Just check out a recent example of this type of failure with this exact same blade :
http://www.bladeforums.com/forums/showthread.php?s=&threadid=201739
They do make decent blades on occasion though, so hopefully you got lucky.
-Cliff