I just went through the same thing on a Majestic I build. I put the stab in about 1/4-1/2 inch off at the tip. I drove myself crazy for days just knowing about it. I couldn't decide what to do about it and got lots of ideas on a fix. but cutting the horizontal stab loose is not something I had any confidence in. I just knew I was going to ruin my plane.
Well to make a long story short. I cut the stab loose on the top and bottom and shimmed it up to make it level (very little is required). Filled in the gaps with balsa and reglued everything it came out great and you can't tell I even did it. If you fold back the covering and are careful you can hardly tell you did it.
The method I used was to use a hacksaw blade on the side were I could run it all the way through both sides of the fuselage. On the rudder side I used a dremel tool with a cutoff wheel to cut a slot along the whole side. Use a blade to cut the edges loose, shim were you need and CA/epocy it all back together. It came out great and was actually not near as difficult as I anticipated.
Read these posts:
http://www.rcuniverse.com/showthread...light=Majestic
http://www.rcuniverse.com/showthread...light=Majestic
http://www.rcuniverse.com/showthread...light=Majestic]