Maybe, but it saved me a couple hundred bucks in a mailbox stand replacement. It's got other uses that make me money too:
There is a difference, but it doesn't matter. The OP asked for a cost-effective way to repair this chair and I provided it.Kowboy, sorry but there's a big difference between gluing a chip back on a countertop than a structural repair on a seat leg.
Personally, I wouldn't have it welded because with my luck the weld would fail and someone would be needing a hip replacement. Just not worth the potential liability.