Chris -
You could probably get a good welder (not me) to fix it - but it won't be pretty.
Nothing about these bikes is "reasonably priced", surprised you haven't learned that by now....
I have the 450 mufflers you saw in my garage - not sure if you really checked them out or not. A little surface rust and staining on the inside like they all get - a couple of dings/scrapes.
Generally pretty good, and very solid, no pinholes or major rust at all, no rattling or anything.
I was going to use them on my bike, when I was thinking Restoration.
I had to pay $100, but that included headers and shipping - email me if you're interested, we'll work something out.
Or you could just get some nice shiny new Emgo RoadHawks - about $100 for a pair, 10-minute bolt-up. Won't even have to re-jet, most likely.
Their Dunstalls look nice, but i don't think they'll work on the 450's 1-3/4" pipes.....
Mmmmmmmm - shiny ..... (best Homer voice).