Tuner Hole Repair ?

[Eric Hochberg]

After a visit to my luthier yesterday, he discovered that one of the receiving tuner shaft holes had worn away to the point where there is too much play for stability. He suggested filling the extra space with some kind of epoxy and shaping as opposed to plugging the hole with wood and boring. I'm assuming that would be a more costly operation. The bass is a 100 year old shop German.

Any comments on using this technique?