The legs are bent from a strip 7/8" wide by 3/32" thick by about 2.5" long, so a few 3/32" or even 1/8" holes shouldn't matter.
I thought of this, but wasn't convinced it would be strong enough. I was also thinking of the Stay-Brite to fix the nut to the screw in lieu of peening.
I do have an air-acetylene (plumbers') torch, and do use it for soft soldering. It's very fast, which actually helps keep the thermal damage down.
I also have a 500-watt electric iron I got used for $2 and put a cord on. Yes, half a kilowatt. I bet that'll work.
Joe Gwinn