Huggy...
You got it right above. In fact, two years ago I was pursueing this very option with the Grissom Reserves. They have a guy who did it and I was going to follow in his tracks. It was about the only option I had left at the end of twenty years, but the AF offered me the job I'm in now and I took it after two nano seconds of thought.
To answer your Q's above, yes, there are people out there who have done it. However, it is a road not often travelled. It took the guy I mentioned above about 18 months to get to the unit, due to all the paperwork and hurdles he had to jump to make it happen.
Yes, he was a pilot.
Pay is as you state above.
Trick is finding the unit that will take you. I'm assuming you have that part taken care of there at Beale, right?
Good luck!