Agree with stanweld, this ugly duck needs to be ground with a carbide burr bit "roto-file" and dressed up. There will probably need to be a little more weld added. GTAW 'Tig' is the best for small rework/repairs.
And no, the weld fails Visual Inspection to the expectations of 2219. The criteria are very poorly called out in 2219, but this Mil-Spec is for "flight parts". If your welds don't look reasonably good, they have to be dressed up a little. Burr bit in a small, cheap die grinder is the best tool for fixing ugly welds.
Try to obtain a copy of AWS D1.1, D1.5, or D1.6; they have an excellent description of accept/reject criteria. But remember, if a weld on a "flight part" looks bad, it is bad.