Depends what you mean by casing?
I have "helicoiled" a few threads on non-structural components, and as long as you take your time, you get a good result. The only thing with helicoils is if you do it into a blind hole, the little tang used to install it can be a bugger to get out (unless the screw is short enough that it doesn't contact it).
*eBay special helicoil kits that came with Drill, Tap, Thread inserts, and insertion tool / tang removal punch