Fortunately it was a cheap wheel - unbranded Formula hubs and Alex DA14 rims.

How can I fix this? I cross-threaded it pretty badly; I can't get the lock ring out. Anyone use Loctite's make-a-thread compound? What about Loctite red once I get it out? I'm thinking that the Loctite red might be useful if I get the lockring out and there are still some usable threads left.

If anything I can just get a new hub and relace the rim since I now have a truing stand - would be a good learning experience, building my first wheel!

Also, is it just me, but are cassette lockrings pretty easy to cross-thread? This is my second time ... and I just learned about the "trick" of spinning whatever you're trying to thread in the direction that loosens it until you hear a click or feel a clunk . Fortunately the first time I cross threaded a lockring I managed to get it back down evenly without too much of a hassle. Hoping it's the same deal here ... Once I get the locking out.