Originally Posted by
simplify
It does sound like those threads are toast. Is this crank definitely worth saving? If so, you can repair that damage by drilling out the hole (once you get the pedal out) and using a Helicoil insert. That will make the crank usable, though never entirely as strong as it once was because some material must be removed to put in the Helicoil. Should be okay for standard use, though.
here's an old thread about it.
Thank you simplify - Though I was hoping to hear that it was not Toast.
They are the old style Sakae's - not a rarity exactly, but it's the old wide BCD so it's harder to find in good condition for low cost.
I am familiar with Helicoils (though I've never actually done one) - However- if it is not as secure as a new crank, I would think I may be better off scouring eBay for a new one.