Yes Mike, I've done that a few times with bearings that have the metal seals. The ones that Thevacuumman has don't sound original but appear to be of this type.
The other sort that is common these days are those with the little rubber seals. They can sometimes be specified instead of the ones with metal seals, may cost a little more but it's easier to remove and replace the seal without damaging it..
When removing the metal seals I usually use a tool with a sharp point, dig in, then prise up to remove. It would then need flattening out carefully if re-used; sometimes I must admit I don't put them back. In theory, at least, a load of dirt can get in and wreck the bearing..but in practice drying out of grease seems to be the main cause of failure. Of course, any really abrasive dust needs to be kept out of the bearings.
This procedure can often be used with success to re-lubricate but a rough bearing or one which has collapsed will need changing. I've come across some very cheap and nasty bearings too, which need avoiding...but most are fine when they're new..
If I recollect, the 800 usually has the type of ball bearing with the removable inner race and is the same type top and bottom. There's a little clip, which you remove and a spring and screw underneath to access the top bearing. 700s are different, since the bearing housing is rivetted in position..but you never know if maybe someone's put a 700 or 725 motor on it..
If I get chance sometime I'll have a look for the original-style bearings and send a picture.
Stephen