I've checked around and everyone I have spoken with said they could not do it. The bit is crimped into the frame on the Falcon, so not meant to be removed. If anyone knows of someone who can do this, I would like to know who as well.
I believe Steve Laug did a Grabor Viking on the Reborn Pipes Blog. Doing a Falcon would be the same process. You have to heat and then cut off the original bit.
http://rebornpipes.com/tag/restemming-a-metal-pipe/