Agreed just the powdercoat is worth half of $82. But NOW what are you gonna do for a project? I'm quite enjoying fixing that thing, especially because you can go pull on it again and se how ya did.

It can be braced up easily, even just a simple doubler (welded all around) would do a lot. But gussets would be more elegant. Onward, to "shop time", as it's not -15* where I'm typing. I think the simplest, quickest repair is to bolt it back onto the tractor then make 2 simple cuts across the web (the part that stretched the most) and with a long lever, cold bend the receiver back straight to the tractor. Easy cut with an angle grinder, each cut about 1 minute. Then beat the ears down until flat, (I'd un-bolt it) and weld up the cuts. Could be easier with heat, but I bet a just sledge would do it - it's only 3/8". Grind and polish the weld to your satisfaction. And rattlecan. <img src="http://www.tractorbynet.com/forums/files/welding/413108-bending-3-8-steel-hitch-hitch-jpg"/>