This starts to sound like the old "mechanic in a can" discussion again.
Loctite is NOT designed to replace worn out or damaged parts. It is meant to be used as part of the design to reinforce a bond. As others say, it is not meant to be a shim.
There are a number of things working against Loctite. First is that it is running in oil. This will compromise the bond. Stress on the parts will also compromise the bond. Heat is another enemy. Actually, that is how Loctite bonds are released in many cases - by heating them up.
The machining and sleeving are so far the best options short of just replacing the damaged shaft. Cutting it down and using a bearing with a smaller ID is also a good option. After all, you DO want to return this machine to service as a RELIABLE piece of equipment don't you???
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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