If you are going to attempt this I would recommend a soldering "gun" rather than an iron. They are higher wattage and can heat up the area around the bullet connector faster than the copper layers in the PCB can wick it away. I used a Craftsman 230W gun for mine...
You will need a bullet connector with a short, round peg coming out of the bottom, like the V1 MMM had soldered to its board. Reason being is that the bullet needs to make contact with all the layers of copper in the PCB through that hole in the board the same way the wire did. Maybe you can leave a short length of wire (1/4"?) on the board, place the bullet connector over it, and solder it that way. Then pretty much any bullet would work.
Oh- Wear an oven mitt so you can hold the bullet against the PCB while heating it. And be very careful not to slip with the soldering gun. It gets hot...