I remember someone who offered a fix for that, Hopefully they have something that works on the M rails, here is what I found in my search:
We offer the ORIGINAL slide rail repair option for the elongated, egg shaped, shock bracket mounting holes. Our kits are NOT a "band aid" repair - instead, they offer long lasting reinforced repair plates featuring built-in bushings, which will double the wear area around the damaged hole, while offering additional strength and durability to the rail.
The re-usable installation kit includes an aluminum drill jig, an arbored hole saw and nuts and bolts.
The repair kit comes with (2) aluminum plates, grade 5 bolts, a 3/8" o.d. stainless shaft and all hardware necessary to complete the repair.
We offer the following repair kits;
Upper Front Rail kits,
Lower Front Rail kits,
Upper Rear Swing Arm Limiter and
Lower Rear Swing Arm kits, for the ZR's, ZL's and FC's...
Note: Each Model requires it's own specific repair kit.
We are located in Central Wisconsin and offer same day shipping for any orders received by early afternoon. Quantity discounts available.
PERFORMANCE STAINLESS INC.
920-739-9899