Can't give any other suggestions here with respect to the OP's drain plug issue, most have been covered above.
But for anyone interested in a real nice fix for these drain plugs if the engine is being built and/or the pan is off the unit we just devised a really nice method for a permanent repair and one that will eliminate all those extra large drain plugs.
Our fix is accomplished with a "bushing" welded on the outside where those OEM plugs sit. The bushing fits the existing threaded hole and is simply welded around the outer edge to the pan.
This is an all new area for us and it only happened this week due to necessity. I have 2 custimers who want to get rid of that large plug. The fix allows the use of a typical Chevy drain plug, 1/2-20 thread and 9/16" socket size.
(Add photo) Here's a shot of the finished welded plug mod on the 8BA pan, this one uses the same thread size, a 1/2-20 Chevy, but with a magnetic plug and a 3/4" wrench size. It is the same plugs found on the Moroso race pans for the G.M. line.
Thanks, Gary in N.Y.
P.S. I'm in the process this week of running off a few extra bushings for stock. We will most likely do all the pans with this method from here on forward! Here's a shot of the very first one waiting to be welded. It's just a real neat setup and pretty much guaranteed leak-proof for the most part.