Vesselguy-
I aree with you on putting equipment out of service that has yielded. But is a material automatically considered worthless if it yields? There are standards for bends in piping and tubing, and if pipe or tube is bent, it has yielded, right?
Anyway, we agree that the damaged material should be taken out of service. Even if there is no black and white standard covering this, there should be. When I worked as a welder, there were more than a few times I had to repair low(er) pressure water lines by heating the pipe, hammering the ruptured area to close up the crack, and welding it shut. Those lines are still in service, and I'll bet the operators have no clue about the repaired areas now. What happeds when someone decides to bump up the pressure to MAWP?
If there was a standard, ("SHALL" vs "should" or silence)those ruptures would have had to have been cut out and fixed right.