Fix wallowed out wheel lug holes?

Can wallowed out lug holes on steel wheels be repaired for a reasonable cost? I'm thinking about picking up 2 more Kelsey Hayes wheels that will give me matching spares for both the Jeep and trailer, but the lug holes are wallowed out. I don't want to buy them if they can't be fixed reasonably. So, can it be done?

 

http://z4.invisionfree.com/CJ3B_Bulletin_Board/index.php?showtopic=2172&st=0

 

If its wallowed out isn't worth messing with
I have seen guys who welded washers on the back side of rims but I wouldn't trust them

 

Not sure which answer Ken was pointing to in that thread.

I would not buy them. I've never heard of anyone repairing the lug holes. Keep looking.

 

What he said.

I for one, would be concerned about the safety of a repair like that.

 

There are a number of dedicated wheel repair companies: http://www.awrswheelrepair.com/

http://www.rimdoc.com/

And I've read about tapered steel inserts that can be used to fix wallowed out holes. So they may not be a total write-off but probably wouldn't be cheap to fix, either.

 

I looked at them once a while back and passed, but I don't remember how the center hole was. They're pretty hard to find, so I'm getting real tempted to buy them just for spares for the Jeep and trailer. No use wasting $ if they are not safe to use though.

 

I meant you might consider welding them yourself if they aren't too bad.
Precision weld where needed only (minimum filler added) and die grind back to form.