I too have a sled and read the water thing but I don't understand how that works using the original bolt unless that bolt first threads thru the clutch and then threads into the crank.
Make sure to use the right puller. I about screwed up the thread on my crank by trying to use a snowmobile puller I had. The sled puller threaded in just fine and seated against the crank. I started to apply pressure, everything seemed normal, then I got the feeling it was turning a little easier. I removed the puller and the end of the puller was shiny on the sides a little. Uh oh, the puller had penetrated the crank bolt hole and rounded over the first few threads ever so slightly but enough that I had to use the bolt from my old clutch, oiled real well, and gradually work it in and back out a number of times and eventually was able to thread it all the way in.
BTW - I have a reverse thread tap that I bought for this but never used it so if anyone needs a $25 tap, let me know. Ha. I'd sell it for cheap because I'll never need it.