I believe I would tap it for the next larger size--probably an SAE size just a tad larger. If you need to drill the hole, make a short handle for a drill bit and drill it by hand--a ball of tape will even work for a handle--it just has to be large enough to hold the bit and turn the bit easily...you are drilling only a few thousands off an existing hole in pot metal.
I have advised many times on this forum to NOT use the lock washers on the two screws that hold the idle adjust bracket if you use the SS screw kit...those two screws are too short with the lock washer on them.
If you were using the lock washer, you probably only stripped out 1/2 the threads, because the screw only goes about 1/2 way into the threads. I would still drill and tap for the next larger size and buy that size SS allen head screw a little longer than needed and cut to proper length. Then I would paint it black to jog my old memory that it goes only ONE place on the left carb. 
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Larry
2003 T-100 (790cc), NARK, NH Togas, 8100 rpm rev limiter, 158 main jets, 42 pilot jets (less than 1 turn out on pilot screws), stock needles--no shims. 13 A/F ratio from 1100 rpm to 4000 rpm; 12 A/F ratio from 4000 rpm to 6000 rpm; 13 A/F from 6000 rpm to 8100 rpm.:D
2007 Tiger 1050--White:D--SW-Motech crashbars, Skidmarx rear hugger/chain guard, Calsci +7 windscreen.
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