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Plug is fastest and cheapest. It may not work but on the bright side, it won't take much money or time to find out if it fails. I would try the jb weld next, cause if it doesn't hold, your just back where you started, nothing lost, if you can find a sleeve, I'd try that next. And finally the weld and retap, as far as the threads not lining up, don't worry, if it doesn't tap right, you can use a heli coil and that would for sure fix er up.