As a matter of fact, yes
I've done micro-BGA stuff by hand (Well, the stencil part) in the past too. Just an FYI, you can make a decent buck on eBay through repairing macs.Either way it was pretty damn frustrating, and it was a decent amount of work, but I would have hated tossing the powerbook.
Have you ever done any soldering at that pitch before?