Elk:
My method mentioned above is very effective and like I said, it will take a few hours to do. I did not mention that I ended up using a Bosch hammer drill to drill the pilot holes. I first used a Milwaukee holeshooter 1/2'' drill with a long masonry bit and while it DID work, (remember, this is not a "hypothetical" scenario, I actually did it), the regular drill took forever just to drill one hole.
The Bosch hammer drill (borrowed from a friend), drilled each hole VERY VERY quickly.
Elk makes many good points concerning safety. The air chisel will chip out concrete dust and bits everywhere. I did not use eye protection, dust mask, or ear protection which was a mistake. My eyes were pink at the end of the day from irratating concrete dust, my teeth were gritty, and even my nose had dust in it.
The ear protection is also a good idea, however, not due to the noise (as it is not really loud), but due to tiny concrete chips getting tossed into your ears.
I've finally figured out how to wipe my eyes and blow my nose, but I still have'nt figured out a good way to dislodge concrete chips/dust from my ears other than wacking the side of my head while tilted!.
Kind of makes you reconsider the use of the term, "I did it for free"!!