Of course safety is of paramount (no pun intended) importance, this is why I am asking these questions and I truly appreciate the input of everyone here who takes the time to read and discuss these topics.
I do not have a history of the mount. I will attempt to get that info, but I doubt I will glean much information from its source. However, I can say the the mount defiantly is used, it was delivered to me with oil and dirt lightly coating its exterior and included some tubing clamps and wire ties that I have removed. I see no signs of cracks or stresses. I got a very good deal on the mount and I intend to use it unless I have any indication it is unsafe.
I have decided to follow Crissi's advise as to its finish. I appreciate your arguments, however no one has pointed out a significant benefit to power coating and when considering the caveat that the mount might need to be repared or replaced I do not see the justification for the additional expense and perhaps risk it might conceal a crack.
To put it another way.... Perhaps there is no risk to powder coating, however there is also no or little risk to a more conventional paint and it will save me some money.
I will leave the screw in. However is it your opinion that the mount should be filled with oil, or merely coating the interior?