Join Date: Jun 2006
Location: Valley Falls, NY
If you can remove the master cylinder from the bars, a local machine shop may have a sinking EDM machine to burn out the easy-out and remaining bolt, then re-thread or put in a helicoil thread repair kit.
Shouldn't take too long, and it'll definitely cost you less than $350... Not sure what the goig rates are, but it around here in NY, figure 1/2 hour labor at about $75/hr for the EDM.
PS. Not sure whey they're called easy-outs, I know of nobody who thinks they're easy... Next time, get a set of left-handed drill bits, about half way in, they usually untwist the bolt for you.