Well I had to get the rod extended to make it work again. So I waffled between a weld job or a mechanical solution.
I went with a mechanical solution. The rotule is threaded with a M5 internal thread for the cable attachment. I used a srew extractor to remove the broken peice of the cable out of it.
Then I went to Mcamster Carr and found a male-female standoff with a 10-32 female thread and a M5 male thread. Stainless steel of course. After determining the length that I would need for the fitting, and grinding a small amount off of the cable rod, I threaded the rod on the cable end with a 10-32 die. Attached the fitting with a bit of locktite and it is now re-assembled and working.
Unfortunately I did not realize that someone had "fixed" this problem before. But what they did was to thread the broken rod with a m5 thread, leaving it short. Then where the cable goes through the transom, there are two notches where the split piece can be positioned. They extended it out using the second notch. Which pulls one of the seals out and can allow water to get into the cable. I will have to get a second standoff, this time a 10-32 male and female to extend the cable long enough to use the original notch again.
Oh well, I am waiting for my new reverse cable anyway.
Hope this helps anyone else trying to fix this.
Tim