OK, I am pulling the plug on this project. It is not do-a-ble without some welding, and I wanted to avoid that, and try a bolt on field mod.
My best guess at this point is, DH suggestion is closest to the task, however, I would be concerned about welding this cheap metal on the iron on the trailer or a wedge. Its not that strong, and meant to be a bolt on.
Secondary task of trying to insert a 2" receiver in place will not work either as the flange on the pintle is flattened and sizing is not going to fit from the new receiver where it would insert into the slot.
I'm going to try another dumb task, and only for the lightest weight M101 serier trailers. I'm going to purchase (on order) one of those pancake locking mechanisms for the pintle. They have a 3/4" bolt running through them. I am going to get an extra long 2" ball, and insert the 3/4" bolt through this pancake, which is aluminum (I know, I know) and tighten it down with a good lock washer and test it for strength on these little trailers. I would feel perfectly comfortable with it as a two inch ball conversion kit if it were steel, but it is what it is. I will report loaded trailer results later for braking and accelleration if I feel comfortable about the fit and tightness of the newly fashioned trailer hitch. It might be workable, but I would not use it for a M105 or larger trailer.
Destruct testing coming next week.
Oh, and I got my tractor pintle/ball hitch all hooked up. It's so much easier to work with movable hydraulics then working with a fixed pickup truck hitch, when you have six trailers all at different levels hanging around the house. It becomes a speed drill to move things now.