Okey... this is a bit long but it´s up to you guys if you want to read it,Im not twisting anyones arm
If you want,you can weld it. I welded mine 2 years ago in exactly the same position. And the guy who bought my old engine is still useing it.
Clean the parts well and polish the edges with a grinder or a file,if you file the edges down to give them a little V-shape in the joint you will get a better "penetraton and a stronger weld.
Make sure that the parts are lined up properly.Since it´s the part that you tighten around the shaft it´s important that the round shape of the part is maintained,otherwise it will snap when you put it back on, or it will snapp after a feve kicks (and your leg will suffer)
I put mine on apice of pipe that fit inside,with a pice of cheet metal(or a thinn washer in the gap where the tightening bolt goes, tighten the bolt by hand so that it just holds the washer/sheetmetal in place.
This helps to keep the shape. If you have one of these excelent "Lockable"pliers use that to hold the pice together or ask a mate to help you
You can use castiron electrods,but a MIG with normal 0.6 or 0.8 thread will work just fine. Try to work fast, the less you heat up the metal the better. a rule of thumb when you weld castiron is that you shuld be able to put your hand on the part without burning your self,but since this pice is so small it will heat up fast.Keep your fingers off it.
Make one pass, and then tapp the pice gently with a hammer or a screwdriver along the weld on both sides,until it´s cooled down so much that you can pick it up (this relives tension in the weld) If you need to make some small repairs or fill the weld up with a nother pass it´s the same prosidure again. Clean first and then weld.
You might need to clean up the splines on the inside after wards with a file (at least if you managed to get a good penetration)
Some say that sandblasting the pice after welding is good(lessening the tensions in the welded area) I never done it,but why not.
I can´t tell you that this is the ultimate solution, and that your kick will be as good as new. But it has worked for me.
Good luck!
Tom