Arms will fit through the hole if you remove the lower column bracket in the engine bay (attached to the firewall with three bolts).
However, you're going to have to disassemble most of the column to replace the rubber boot anyway. Shift arms still won't have to come out, but the steering wheel, shift collar, shifter, turn signal lever, and possibly the turn signal switch all have to come off to get the boot and bracket to slide over the column.