RE: What is this called?
I would only add one thing and that is after adding the thin super glue...... let it soak in for a few minutes....
I then wick up any excess glue with a paper towel then hit it with accelerator.
Then I run the appropriate tap back through the hole. Usually 1/4-20. When I re-tap it , I do it with the wing in place so all the angles are jiving together. Make sense?
I also have a GP Super Sporster .20 and it has the same set up using smaller 10-32 nylon bolts.
No worries!