Holy cow! This makes me shiver!
Whacking a flywheel with anything? They only cost $500+..and whacking it can ruin (destroy, lessen, make useless) the magnets that make your bike go.
Air tools make the job much easier (WITH a puller). Note the left hand threads! (Don't know about your particular bike, but I think they are mostly LHTs).
BTW..when you put it back together, ensure the key indeed stays IN the slot by sticking something in the key-way (small screwdriver, piece off wire, etc). You'll easily feel it if it's there.
You CAN get the flywheel on AND back out the key in the process. You don't wanna do that!
Tighten the flywheel per spec or you will likely shear the key. That will happen at the apex of your ride (greatest distance from your rig).
RE: anything else when the cases are apart.
Well, a lot of things, actually. Read Eric Gorr's write ups on site regarding the subject. (click on his ad to the left..then go to forward motion).
A thread in the archives of this site mentions a critical and often overlooked issue regarding seals. Make sure they are installed in such a way that allows the bearings to be oiled (clear the holes in the cases).