I welded two 36 inch Oregon/Husky bars together to make an Alaska mill bar that would support 2 powerheads. I used ER70 wire, and hammered it, to de stress it, before welding the 2nd side, and it worked like a charm. The only reason I sold the bar, was because I got an offer I couldn't refuse. I wouldn't hesitate to do it again.
I know from welding 4130 steel in aircraft fuselages, that it is approved to use mild steel rod. The reasoning is, that there is so little weld metal involved in the joining, that if anything, the joint will be stronger and less likely to crack after the welding process.
It is important to cool the bar slowly down to a temperature of around 600 degrees, and then dunk the bar to temper it.
Assuming that you have used good bars to join, the weld will be as tough as nails and will wear well. I used my bar on large maple, fir, and cedar, and when I sold it, it was still like new.