Do I need to go to Midas now? Exhaust pipe cracked

[JenTay]

Guys,
after searching high and low for the rattle at idle, I found that the exhaust pipe is cracked. It is downstream from the exhaust manifold, just before the U-Joint close to the passenger wheel. Another way to put it is...coming from the muffler, it is the area of the pipe exhaust that starts to angle upwards towards the engine.
if i grab the pipe, there is definitely play and I can see the crack.
Is there a diy fix for this or am i destined to get hosed by Midas?Can i get it welded? is it ok to weld something as rusty and old as that? I need your opinions.

JenT