Someone here abouts once said, IIRC, "There are some folks on this site that would get in a lifeboat made of JB Weld." He was not a fan.
Personally, I'd stay with the helicoil insert. I have one in the right-side head of my '81. As yet, no problemo. Just don't over-torque the puppy. Short wrench and just snug enough. Monte