I've been thru this... well...kinda.... the previous owner sold me the bike with this condition "covered" with some type of pasty patch.
I had a chunk broke from the same type of thing...and he "pasty patched" it right up against the gears in the tranny. I would say there's probably only about 3/16 inch of clearance behind the case and gears at the MOST...
You could tell he fired up the bike and forced the tranny to turn....as there was shards of case and slivers of aluminum all over the oil pan.
That said...I believe that if the sprocket shaft isn't turning....you can't manually twist it back n' forth and shift gears....or kick it over gently....then the case is more than likely pressed against the gears....
http://forums.sohc4.net/index.php?topic=57699.225my experience...about 3/4 way down the page (reply #243)...Is when I found my hole...
Otherwise...IF everything moves nicely again...there really isn't any "pressure" in there...and as long as you can patch it VERY WELL and be good'n CLEAN with the JB...it'll probably carry you a long way without having to split the cases. If you go that route...I'd just keep a truely keen eye on the fix and like MCRider said....no long trips....at least until it's been Proven.
GOOD LUCK!! And let me know if I can help in any way!??....