I have been running wire drives in my riggers sucessfully for a few years . The engine end of the wire has to be held with a collet. I use thick walled tubing for a stub shaft. I have not had any luck with locktite holding the wire in the tubing behind the nitro motors. I run the wire completely thru the tubing and use Sta-Brite silver bearing low temp solder to fasten it in place. I tin the inside of the tube the full length and the wire the full length of the tubing minus 1/2 inch on the front end of the wire, toward the engine. Use propane heat only on the tubing, not on the wire, and feed the solder from the prop end of the tube. It will not stick on the front end of the wire where it is not tinned. This allows the wire to true itself. I run 4 ball bearings on the stub shaft, two on the front and two on the rear, separated by a spacer made from brass tubing. Solder a small ring of brass tubing about 1/8 inch long, on the front end of the stub shaft to prevent the bearings from sliding off. I then drill and tap a hole for a VERY short 4-40 screw in the strut, right behind the front bearings, to keep from losing the shaft, bearings and prop in case the wire breaks or comes aloose. The stuffing box is made from 9/32 tubing matching the natural arc of the wire so that it does not touch anywhere, square it off and stop it where it goes thru the bottom of the boat. Water will not come up the stuffing tube while the boat is moving forward. Put a bearing or bushing at the rear of the stuffing tube to stabilize the wire.
Since I have been making the wire drive this way, I have not had a failure.
Charles