Well, Buck kind of pushed me over the edge to saving the plane. Assuming that things hold together (the spar was broken right under the fuselage, where it's darn near impossible to get glue, much less reinforcement material) I'll have a nice flying, if ugly, plane.
Cut straight down immediately adjacent to the spar, fore and aft of it, with the fine Zona saw. Reach in with an Exacto knife and cut the sheeting away from the spar, and temporarily remove the sheeting and attached bit of fuselage. Then cut some clearance in the sheeting for doublers. Butt-glue the ends of the spar back together - be careful not to mess up the broken ends, they should fit back together almost perfectly. Push them back together and put a drop of thin hot stuff on it. That should hold it. Then make some full-depth doublers out of 3/32 regular ply, about 2" long. Glue one on the front and one on the back of the spar across the break. Then, take a small t-pin, and poke a hole into the spar right at the break. Drip in some more hot stuff. Glue sheeting back on, glue little bit of fuse back on. Fill saw kerf with hot stuff and sawdust. Sand everything even and refinish, better than new.
If you have to cut through the fuse doublers, no problem. When you get the fuselage bits back together, cut some clearance along the inside face of the doublers. Face them off with sandpaper on something stiff, like a steel ruler. Add some backup to span the cuts +1" on each side. Glue them in and fill the gaps, sand it straight, refinish.
The hardest part is convincing yourself to do it. You have absolutely nothing to lose, the alternative is tossing it, so don't futz around, just cut away enough to get clearance, fix it, and put the cut=away parts back. You can pretty much cut anything you want as long as the cuts are all span-wise, without really losing anything strengthwise. If you fill and sand it, there's no reason it even has to show any ill effects.
Brett