I called a nice machine shop in Woodland and they quoted a price to me which I just can't refuse;they also have the 4140 in house.
I have used and depended on Timeserts in the past and they are 'top of the line',although my original(damaged)footpeg bar/tube has already been threaded inside just a hair too big to have a 12mm Timesert installed into it for an effective repair.
I verbally contracted with the machine shop today and he will drill and thread the 1" piece of 1/2" 4140 round bar by the end of the day.
I'm going to squarely cut 1.25" off the damaged end of my orig. footpeg bar/tube,then I'll install that custom 1" piece of 4140 1/2" O.D. round bar 'insert' into that 1.25" piece of footpeg bar after tapering each end of the 'insert' on a grinder in preparation for it to be welded inside the piece of original footpeg bar/tube and then I'll take it to my welder who will carefully/lightly tig weld(wooden dowel inside the center threads to protect them while being tig welded)each end prior to welding the 1.25" piece of repaired footpeg bar back on,all trued-up and marked for position.
I also have this spare/custom footpeg bar for the small Honda which I had a pair of CL350 footpegs/bar mounts with hinge,these were installed by a welder a while back;I'll run them on the small bike until this repair is accomplished.
I'm still running the original footpeg bar(which needs this repair)on the bike now;the offending right peg bolt is not able to be correctly torqued on it's mount which bothers me,hence the need for repair.
These custom(pictured)footpegs are fine to run full time,only the pegs sit-up about an inch taller than the originals.
That project was quite a learning model to educate me on making sure the footpegs sit in the proper position/alignment with the correct orientation on the bike;these custom ones will work ok in the trails or with a rider that has shorter legs.
These are pics of the 'used off Ebay' custom 81' CB125S footpeg bar which I modified using both CL350 twin footpegs with short bar and hinge assembly.My original footpegs are of similar bolt-on design on the right peg which allows the clutch cover to be removed while keeping the bar attached to the engine,separately removing that right peg.My original footpeg bar does not have the folding feature;just a one-piece bar and I wanted a better option.I set-up a much stronger piece on the right peg inside the bar and threaded it,had a welder install that threaded piece then quenched it for a bit more hardness:it's good.