A little synopsis of my experience with rust repair. I did not have access to welding tools nor could I afford to have the work done so i decided to do it this way. I used the rust repair panels from lake erie trading post. or rustrepair.com.
In order to bond the panel, I cut away the old rust and stripped the paint to bare metal. I used panel bonding adhesive from 3M and then affixed the panel using screws until the bond cured. Finally I used some tiger hair to smoth everything over. It looks way better than rust huh? total cost for all parts was less than 200.00.

I obviously cut the repair panel to fit the affected area. I unfortunately used a cheap egay paint kit to spray the car. She will be getting a professional job this summer.