Not sure how far you've gotten with this, but, yes, you'll either have to spin the caliper or go to the other end of the hose. I've always just spun the caliper.
A flare-nut wrench set might be a good investment for you. They're usually used for the bleed screw's nut, but considering how rusty the rest of the things are you might find the additional contact on the brake hose's nut to be helpful.
You should not experience fluid shooting out when you remove the hose. There will be a drip. You should catch it in a pan and avoid contact with painted surfaces as brake fluid likes to eat paint. Capture some of it in a clear container--it should not be dark, and my guess is that it will be. If it's dark, you should plan on a fluid change/flush soon.
Don't have both calipers completely free and then try to compress one; the other may pop out.
When installing new caliper, you will want a brake bleed vacuum pump (autozone has these in the loaner tool arsenal) to bleed air. Use new clean brake fluid from a sealed bottle.
A flare-nut wrench set might be a good investment for you. They're usually used for the bleed screw's nut, but considering how rusty the rest of the things are you might find the additional contact on the brake hose's nut to be helpful.
You should not experience fluid shooting out when you remove the hose. There will be a drip. You should catch it in a pan and avoid contact with painted surfaces as brake fluid likes to eat paint. Capture some of it in a clear container--it should not be dark, and my guess is that it will be. If it's dark, you should plan on a fluid change/flush soon.
Don't have both calipers completely free and then try to compress one; the other may pop out.
When installing new caliper, you will want a brake bleed vacuum pump (autozone has these in the loaner tool arsenal) to bleed air. Use new clean brake fluid from a sealed bottle.