Noob advice on getting my old bike up and running

Hi there, I have an old 90s Specialized Rockhopper that i'd like to start using again. The problem I have is that the pedal on the right side was cross threaded and has stripped out the thread on the crank so I can't put a new pedal on. I need to get a new arm but I'm not sure what I need.
Would it be easier to just by a new chainset? It's a 9 speed Shimano deore xt (it says hollow tech on the crank arm too). I was looking at this, would this fit? Or can I just buy a new arm? which one?
http://www.wiggle.co.uk/shimano-fc-m590-deore-9-speed-443222t-triple-chainset/?lang=en&curr=GBP&dest=1&sku=5360507404&kpid=5360507404&utm_source=google&utm_term&utm_campaign=UK_PLA_Components&utm_medium=base&utm_content=mkwid%7csIcpiV8SB_dc%7cpcrid%7c67090789262%7cpkw%7c%7cpmt%7c%7cprd%7c5360507404uk
cheers
Allez
Would it be easier to just by a new chainset? It's a 9 speed Shimano deore xt (it says hollow tech on the crank arm too). I was looking at this, would this fit? Or can I just buy a new arm? which one?
http://www.wiggle.co.uk/shimano-fc-m590-deore-9-speed-443222t-triple-chainset/?lang=en&curr=GBP&dest=1&sku=5360507404&kpid=5360507404&utm_source=google&utm_term&utm_campaign=UK_PLA_Components&utm_medium=base&utm_content=mkwid%7csIcpiV8SB_dc%7cpcrid%7c67090789262%7cpkw%7c%7cpmt%7c%7cprd%7c5360507404uk
cheers
Allez
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jeez :roll: