...BTW your Bieber avatar is awesome.-Malone
If you do decide to have it welded, have it acid dipped first if that's what the welder thinks should be done. And since it needs a line bore either way, try to get a hold of a new cam cap and save yourself the trouble of welding up the old one too. Maybe as a test, your welder could try building up the old cam cap, just to determine the feasibility of welding this oil soaked aluminum. (I know, it sounds like BS, but these heads are very porous.) This way, at worst, the only thing that can get screwed up trying to fix anything is the old cam cap, which you would probably want to replace anyway.