I used JB Weld on mine, and it's held up for over a year now. Even with all that turbo heat. Trick was to use a good amount of aluminum shavings (from porting the manifold), and mix them with the JB Weld. I cut the EGR off with a sawzall, cut a piece of thin steel to cover the hole, and applied quite a bit of the JB Weld/aluminum mixture inside and out. Make sure the surface is clean, and use a coarse sandpaper to give it some texture before applying the mix. I inspect mine every couple of months to make sure the heat hasn't gotten to it, and so far so good.
Better to have it welded, or get an N42, but I was pretty much in the same boat as you when I did mine. Low on funds, and couldn't find an N42 for a good price. Had an extra N47, and figured I'd give it a try. My mom has an N42 intake in one of her parts cars, and I've been trying to get her to sell it to me for two years now.