Sorry I missed your question earlier.
The Marine Tex is fine. you want to drill out the new epoxy plugs with a bit which is the same size as the shank (the solid metal between the threads). This may be slightly tapered--and you can actually drill a slightly larger hole for the outer portion.
Epoxy in general. Ryder has written excellent advice. If you want epoxy for general repairs, a quart is fine, and the small container of hardner. You need the pump set for West System. I use it because I have gotten used to it. There are several 1: 1 by volume ratio systems, which may be easier to use. For a thickner, Cabosil (fumed silica) is the best. I use medium density filler with it. But if you are going to be putting lag bolts into it, you can use microlight.
I have also waxed bolts, and embeded them in the epoxy while it was going off. Those threads seemed to hold up well. The wax keeps the metal from adhering to the epoxy. Also you can wrap a single layer of either teflon tape around threads or a layer of plastic wrap (Saran) around lag bolt threads.
I use popsicle sticks--1000 in a box at Hobby lobby--but used to use tongue blades when I was in practice. You can split either to make a tooth pick size wooden spatchula. I also like to have a couple of plastic spreaders. There are also "release films"--but the saran wrap works fine.
I prefer to use a pumice containing citrus hand cleaner for cleaning hands and tools. A gallon with a pump lasts a long time. I also like to use the blue Nitrile gloves. They are easier on your skin than the latex, and are much stronger. Buy a box at a time. Also good to keep on the boat, for any dirty work, and pumping a head etc.