I did some damage control today. Since all the upper wood was dead, and was where I saw all the holes, I cut it off as low as possible. I inspected the rest of the tree very well and feel pretty confident that I removed all the afflicted areas. It was not fun, but it needed to be done. I had planned on removing it all anyway so I can't complain too much. Next step will be to take it to the next club meeting where I can get some practice carving it down to live tissue. I will update with some pics later on when I get them uploaded and re-sized.