You can weld the case. There is some decent rod that you can use with a common propane torch. Then you just have to hope it will take drilling and tapping. I would have to see more, but depending on how badly you want to resist tearing it down there are a variety of things you can do. Problem is most of us don't want for our rides to look like those terms that Palmer used. That one looks like you could save it with a sleeve type of insert. the jb or other epoxy can be viable. teflon spray is your friend there. you can even oil the plug well, screw it into place and then apply the epoxy. if you do that, clean it (the case) good with a degreaser. I like the citrus based ones. Some starting fluid after that. Take a crayon and make the areas you dont want the epoxy to stick to if it covers them, like the top of the plug.
An insert would work well too. I wouldn't have a problem with welding it in place and then blowing what is left out via one of the vents as the engine is turned on its side. You will probably have less left over than you would find in a rebuild. if you really want to get it cleaned out squirt in shaving cream (about a can ought to do it) and then blow it back out the hole through another vent. (its the same trick lots of us use if we helicoil a spark plug hole or want an injector tip out of a diesel engine.) welding shops sell things you can place in the hole to keep the hole round as you go.
An insert would work well too. I wouldn't have a problem with welding it in place and then blowing what is left out via one of the vents as the engine is turned on its side. You will probably have less left over than you would find in a rebuild. if you really want to get it cleaned out squirt in shaving cream (about a can ought to do it) and then blow it back out the hole through another vent. (its the same trick lots of us use if we helicoil a spark plug hole or want an injector tip out of a diesel engine.) welding shops sell things you can place in the hole to keep the hole round as you go.