I will give them that malfunction and they will see why it is not a good idea to reject the take-off with a fixed high power setting. You need to keep flying, get a safe altitude, PNF get out the ECL and deal with the issue as written. It is a very easy malfunction to deal with, and an expensive one if you act in haste and mess it up.
Departing into a low overcast and encountering a high side failure....really not your day.