Ok, so I put in a lifeline (a circular needle) on the last knit row before the k1p1 ribbing started.
Then I snipped the yarn and tried to frog it. DUH, why won't it frog? Is it because I'm ripping (trying to anyways) backwards? Every stitch turns into a knot at the top of the stitch!
So, it took me almost 2 hours, but I 'frogged' it using my crotchet hook and pulling each stitch. uggg.
So, the waist is going to get 2-6 new rows of knit, then 8 rows of k1,p1 ribbing.
I have the same yarn, just hoping the sweater isn't to faded and the new isn't toooooo noticable.
Wish me luck, I'm doing this all in one piece now!