M10x1.0 helicoil is the best option. They really work well for that small thread pitch and the outer diameter of the repair coil is less than the sealing crush washer of the decomp valve.
The problem with welding on these is that they are originally glued together. So wherever you stop the weld on the seam the glue is probably going to be comprised for a little while from the heat.
Those have 3 rollers inside on ramps that clamp down on the stud, they will dent the threads. They only work well when there is an unthreaded section that you can clamp it on.
It's best to use a couple of nuts jammed together.
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