Doh!
I have done things very similar to that as well - my favorite hack is using 7805's to get a quick (and extremelly temporary!) 5V, 1A supply from 12V. As you know, P=IV so 1Amp*(12-5) equals a very hot device
So long as you dont wobble the board you can have the 7805 sat on the board in molten solder (melted under its own heat) at full load - I touched one once and had the same branding affect as you had with the diode!
You live and learn, and forget, then learn again
S.