Yes, it would work. I just hate "hacks" like that, but I will do them when I get desperate! ;-)
I'd probably also dremel a slot in the top so I could use a screwdriver. A socket is hard to fit down there, especially on the middle one (without removing the choke bracket). And I'd use epoxy instead of solder, 'cause I'm an epoxy freak, but either would work.
*EDIT* $47.79 for 1 meter of M5x0.50P threaded rod and 50 hex nuts to match at metricspecialties.com.
The 1 meter of threaded rod and nuts is definitely workable... any leads on the springs?
Solder or brazing would be a lot more reliable than epoxy. (Hint: Jon knows a lot more than any of us about making small metal things stick together.) The solder would penetrate the threads to some degree and form a very strong bond. You could even polish them up a bit to look really nice.