LinkJuice - 9:15 am on Apr 26, 2011 (gmt 0)
I have experimented a lot with OOP and find it is quite simple to get out of in comparison to the other penalties.
My first step would be to remove 95% of your keyword from the target page, so if your targeting "blue widget" remove most repetitions, remove from H1, title etc, you can use "widget" and "blue" just not the main term.
I would also go through all backlinks that contain this anchor text and create variations, so "widget tools here" for example.
I would also build links to that page that have no relevance at all to the term.