Yes, it was a piece of s--t that should never have been sold to you in that condition. Also it shouldn't have lost ground continuity before loosing the element circuit under *ANY* circumstances so maybe should never have been let out of the factory.
The only way to keep a high wattage firestick like that tinned is to drop the power when its in the stand to reduce the temperature so it doesn't oxidise the bit so fast. The easy option there is a series diode to reduce the power to 50% + a switch to bypass it. Another option would be a modded light dimmer for power control with a switch to change over between two pots, one for standby and the other for active use. Ideally you rig a long lever microswitch to the stand so all you have to do is put it in the stand to go to standby power.
However as you can get a Hakko clone + a genuine Hakko element and bit for far cheaper it just doen't make sense to add open loop power control to a firestick, or even to buy a high wattage firestick in the first place.
Personally I use a 100W Weller soldering gun for the heavy stuff - transformer isolated bit + rapid heat + very little problem with burning bits, as you have to hold the trigger to power it. I'd *never* buy a firestick over 25W.