Sundance,
The new Piettas have the wedge rammed in way too tight. Here's how I got mine out: Put the gun between a couple blocks of wood so the wedge has some clearance when it does actually move. Use a brass drift. Now, that means ANYTHING made of brass or bronze that won't gall your gun. My favorite "drift" is an old house key (Schlage) turned on edge and whacked with a hammer or hardwood dowel (old shovel handle, chair leg, etc). Support the cylinder and the barrel with the gap between the blocks under the wedge. Your wood blocks/planks will be different thicknesses. The house keys are of fairly hard brass or bronze. The edge of a coin (25c) might also work to simultaneously force the spring down and the wedge out as you strike it. I've even used a sawed off bottleneck rifle brass (shortened) and then pounded flat as a tapered drift to knock out wedges. The .223 comes to mind. Avoid steel drifts as they will bugger up your gun and it'll look like some monkey got too wild.
Once you get the wedge out be sure to grease it well before reinserting it. Do not file the edges or reshape it as they will loosen up with firing over time.