I've opened up the bottom of the camera to see what's going on and everything seems fine. When I press the rewind button the sprocket wheel disengages; that should release the film. I've wondered if maybe the take-up spool is refusing to budge. I can spin it by hand but it requires some effort. I've obtained a replacement ST701 and I can get the film out of it. Its take-up spool is also stiff, but not as stiff as my original camera's.
Any suggestions as to what is wrong and how I can fix it would be appreciated.