Billy,
The camshaft spindle normally sees quite a bit of oil splash in operation, so I'd be quite surprised if the bolt is difficult to loosen. If the gearbox has been dry for some time, I suppose the bolt could be corroded in place. You might try the usual penetrating fluids to loosen things up (50/50 acetone and ATF seems to work well, and well as the usual commercial products), then apply heat. Since the bolt lies inside the spindle, it would be more useful to heat the spindle itself, which mean you would want to remove the layshaft and main gears to get a clear shot at it. My bolt came off easily, but the gearbox was oil-filled and had been recently in use when I disassembled it.