sweet thanks for the advice fellas, is it fairly simple to do the tear down and assemble, from what i have seen i just need a long armed puller, which i can make.
To do the full teardown, you also need a hydraulic press. You could probably find a machine shop to press the bearings that you need off and press the new one on. Or Harbor Freight has one for around $200. I found it very handy to have one.
Teardown and reassembly is pretty straight forward. ORGANIZE, ORGANIZE, ORGANISE. Get yourself some ziplock bags and a sharpie to lable stuff as you take it apart. A few disposable plastic containers with lids are also handy.
If it's jumping out of gear, my guess is it's probably the shifter fork for that gear. Hard to shift or grinding can be caused by the shifter hubs not sliding freely on the shafts (parts 40, 41, and 43 here
http://www.mackstrans.com/images/diagrams/M5R1-Diagram.jpg ). If you want to go for the cheapest, bare bones rebuild, inspect the brass blocking rings first, there should be a gap between the teeth on the blocking ring (parts 14, 14a, and 14b) and the gear itself. If there is no gap, then the brass blocking ring is worn out. If the blocking rings are ok, then disassemble the transmission and inspect the bearings. They are probably filled up with metal shavings. Clean them with brake fluid (use eye protection) and inspect for smooth operation. Any that are pitted and dont spin freely, replace. Plan on replacing the pocket bearing (number 4 in the diagram) regardless. It sees a lot of heat and I would not reuse one if I was that far in. Check that the shifter hubs are free on the shafts. If not, use some lapping compound and slide them on and off repeatedly until they move freely (another use for the press). Don't over-lap the hubs because you want them to slide front to back, not rock side to side. Make sure that the splash oiling passages to the front bearing and the pocket bearing are clear and then reassemble the transmission. Just use the shims that came in it back in the original locations.
While you have it out, I would replace the rubber plugs in the ends of the shifter rails. Common place for oil leakage. I replaced mine with brass plugs and then added a fitting with a hose and filter to vent the transmission.
Good luck.