My understanding was that the base cost of 1m stays the same, but on fail you lose nothing, so you can just keep trying till it desockets (something like FAW enchants). Someone on the thread mentioned that the average cost was around 30m, so it seems like a major improvement over Jeremy.
The desocketing cost is likely 100k, but the lubricant requirement is still not known.
Edited by YongkySH, 17 November 2017 - 02:38 PM.