I would agree to the cause - if it has good area contact on both sides, I would just tighten it back up good and check on oil changes. If tight, it won't be moving anyway, the sides keep it aligned. No harm.
Funny it has lasted so long, maybe being loose allowed it to live longer?? I wonder? . . . .. nah.
If it really bothers you, machine out the hole on original center and make a new bushing from steel.
__________________
Bill
RV-7
Lord Kelvin:
“I often say that when you can measure what you are speaking about,
and express it in numbers, you know something about it; but when you
cannot measure it, when you cannot express it in numbers, your knowledge
is of a meager and unsatisfactory kind.”
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