Well, Snapshots (the Canadian warranty centre) says I must have used too much force and broken the adjustment screw. They are likely not wrong, but it should never have gotten stuck in the first place based on what I was doing with it. I literally turned the screw two clicks to the left and at that point it would not turn back the other way and was completely stuck.
I took the screw out and these four shards of metal came out. Sadly, typical cheap Ruger parts. I shot the front MIM sight off a Ruger SR1911 a few years back so this does not surprise me. I've just put the screw back in with blue Loctite for the moment. Who knows, that may be enough to hold it. There shouldn't be much recoil since there is no reciprocating slide so that might work.
Snapshots wants $50 for a new rear sight. Am I better off with an aftermarket replacement? If so, which one? Volquartsen, Williams Fire Sight, other? And which one would be the easiest to install without any special tools?