I have an engine in which the previous owner was confronted with the same problem and had to cut the stuck bolts off to get it apart. He did so by doing the cut on the lower unit side leaving the midsection undamaged. He did not repair the damaged lower unit, just left the gap where he had sawed off the stud. True, the ideal method of repairing the lower unit it to have the damaged portion welded up, but instead, I simply filled the damaged area with JB weld. That’s been over four years ago, and it is holding up just fine. It all depends on much of a perfectionist you are, but I’m satisfied with my repair. Just another alternative for repair of the damage done by cutting off the stud.