I am no gun smith, in fact I am not any kind of a smith.... But the chamber is the part than handles the highest pressure, Welding will change the characteristics charectoristics Properties of the metal thus changing the strongest part of the barrel to an unknown. Could work forever, might blow up on the 23rd shot. Once you change it you don't know. And no one in their right mind would buy it from you. This is just my opinion, but I wouldn't do it.
And your neighbor may be an excellent welder, my negative idea of how this may turn out has nothing to do with his welding ability, I just worry that you would have a very strong weld, but a very weak barrel. And a long or short game of Russian roulette.
Good LUCK, thejanitor