Sure Mac! Well, I started by sending my mechanic the write-up posted above by glock-coma (thanks glock!) and asking him if it was something he wanted to get into. He agreed, and followed the write up. Basically:
Drove the car around turns to warm up the fluid in the PTU.
Remove the fill plug.
Siphon out as much fluid as he could with a vacuum brake bleeder kit.
Pumped in redline 75W-140 until it poured out, bringing with it more sludge.
Did another siphon round, sucking out the new and old fluid.
Pumped in more until it looked much better and replaced the fill plug.
However, after all this, he recommended bringing it in in a month or so and doing the whole thing over, being that it was so bad. His reasoning is that with the new fluid in there sloshing around, it will gather more of the sludge and we can purge it again. I believe I will be doing it again.
The cost was $139, which I believe is fair for the time that he put into it, and a ton of redline 75W-140.