I'm not sure what "flux" RAF is referring to from welding, but yes, welding them can be done. If they're chromed, the welding will damage the chrome around the weld and its very likely the weld will crack at some point due to the differences in the weld filler metal and the base metal of the exhaust. It may at least buy you some time...
TIG welding them is a better way to repair them as it allows you to control the heat more, and the filler metal is softer than MIG wire (MIG is what most people use to do DIY repairs on exhausts). I strongly suggest you remove the pipe from the bike to have it welded. This protects the bike's electronics from damage, and it will actually weld better if the hole is being worked from above, than below.
As crazy as it sounds, use stainless filler wire (308 works well). Its much softer, melts at a lower heat than 70S-2, and is corrosion resistant in itself. It will also not show as badly as 70S-2 when done.