This is the typical result of not using a torque wrench.
Damage, wasted time, needless cost.
You have taken more time and money right now, than if you had gone to O'Reilly Auto Parts and borrowed a torque wrench.
https://www.oreillyauto.com/rental-tools
You really do need to buy a 3/8" or 1/4" torque wrench:
For about $20:
Or for about $30
The Quick Steel
might work if you glue the stud in place, not if you drill and thread it.
Proper answer is to buy an M6 helicoil kit,
and a torque wrench of course.
With using a torque wrench you will gain a feel for proper torque even when using a wrench.
A hint on porting the cylinder. Bigger is not better.
Open the port windows (only) up wider only. Exhaust wider at the top, intake at the bottom.
Taking off the top of the exhaust will reduce torque, off the bottom is pointless.
Anything more than minor cleanup on the transfers can be very damaging.
Intake port matching will reduce power, as will opening the intake port diameter up beyond 15mm.
Do port match the exhaust by drilling the gasket and exhaust flange with a 19mm (or 3/4") drill.
Set your squish at about 0.030" (0.8mm) using paper gaskets under the cylinder base.