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You can absolutely fix the play with hand tools. The trick is to clamp the bolster in a vice or C clamp with a piece of thick leather around it, and slowly apply more and more pressure. When you take it out, you'll see the pin sticking up a bit proud on one side. Use a small ball peen hammer to carefully peen it down. Repeat until satisfied. I did this to an old Camillus 33 and tightened it up significantly.
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Trout Hound, thank you for this simple and effective technique. I just used it on a couple of small lockbacks with blade play issues and it virtually eliminated the problem. :thumbup:
Andrew