John,
The rockshaft pins on my early 1782 looked just that bad... the rockshaft didn't want to cooperate so I had to regroup... Wound up taking some time but I just hoisted the tractor up and layed under it with a wire welder... built the pins up a little at a time and with some careful grinding I got the pins back round again.. had to drill one hairpin clip hole back out because I got too close with the welder.. Took some time but turned out nice and I didn't have to remove the rockshaft! 
Looking good... keep us posted!! 
__________________
Jay
40 years of Using and playing with IH Cub Cadets!
Proud owner of the following:
Cub Farmall, Super A Farmall, Original, (2)70's, 72, 100, 102, 123, 105, 125, 127, 108, 128, 1450, (3)782's, Yellow 982, 1782, "Sam's" 2182, M Farmall and a #7 trailer
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