Wow, these responses are great. Thank you, guys. Looks like I have some experimenting to do. Sadly I found out last night the threads on the diamond mounts are doing the same. I think helicoil re-thread should work best there. I solved a similar problem on my previous massive Slingerland rehab. I have a mechanic friend at work who can do this for me. I have to be honest, in that on a budget, needing to buy replacement chromes, has turned this project into something less than enjoyable. I haven't even started the bass drum yet.
All belly-aching aside, I appreciate the advice. Will let you know what I come up with. Dean