Can this re-key a cylinder to my choosing so that its usable again?
The Kwikset 83260 is designed to re-key a Smart Key cylinder to a new key.

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The Kwikset 83260 SmartKey Reset Cradle works with all SmartKey locks. It's an extremely handy tool used to reset the key cylinder to learn a new key. The reset cradle is great for landlords and locations where there is a high key turnover. To use the reset cradle, you simply remove the lock form the door, remove the SmartKey cylinder plug, insert it into the reset cradle, and it's all taken care of. The reset cradle is not only a great tool, but a great investment!
SmartKey: A Kwikset re-key technology that provides the ability for you to re-key your own locks quickly and easily.
Features:
Along with high quality locks & deadbolts, Kwikset designs some amazing door hardware styles. Kwikset deadbolts & premiere designer collections are of the many popular products from this leading manufacturer of door locks, knobs and handle sets
This product is listed under the following manufacturer number(s):
*Denotes a finish or option that has been discontinued
The Kwikset 83260 is designed to re-key a Smart Key cylinder to a new key.
A Kwikset smartkey lock cannot be keyed to a master key. So, this re-keying cradle cannot re-key to master keys.
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