I suppose in the "glass half full" world you can at least completely repair this for $300 worth of tires as opposed to, say, a $456 stator or a $600+ CDI...
Or, you could ride the heck out of it and wear those boogers down...
A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort. Herm Albright (1876 - 1944)