Over the years I have had to repair several threads in aluminium and steel parts on air guns. Sometimes there has been very little choice as to what to do ... some threads have been mangled by e.g. a previous owner screwing a self tapping screw in and I saw the only solution was to retap the hole a size larger and use a screw to fit, reprofiling the head as well as possible to be aesthetically acceptable.
But a more recent stripped thread in aluminium was repaired (sharp intake of breath) with a helicoil insert. It was the first time I had removed the screw and I suspect that the previous owner had stripped the thread and sealed the screw in using a loctite or similar. I say this because there was no sign of any thread remnants but there was evidence of a thread lock compound. The helicoil worked well ... I could not see an opportunity to re-tap to a larger size in this instance.
However, while pondering it again I was wondering if anyone has tried filling a stripped hole with something like JB Weld, letting it set and then re-tapping to the original size? Certainly not as fast as using a helicoil; but would it work?
Cheers, Phil
PS In case you wonder, I am not equipped to weld the hole up and start again.