http://www2.towerhobbies.com/cgi-bin...?&I=LXL302&P=7
For the cost, I wouldn't even try.
Solder on the new leads, slide down and shrink some heat shrink over each individual wire
http://www2.towerhobbies.com/cgi-bin...?&I=LXD651&P=7 and you are done.