We talked about this before, and I think the biggest reason they won't weld it on is because it's going to be taking a lot of point blank punishment from Raptors. Unless they make the thing beefy, it's going to have to be repaired or replaced. Beefing it up doesn't make any sense given that they want to keep the weight down, and replacing it is probably more reliable than repairing it. So I expect it to be replaced. Bolt it on and put a hatch for employee access.
What we don't know is whether they'll go with this ring approach in the long term. I think this was a quick knockoff that allowed them to try hot staging without a huge investment. They've already got a tower, a manufacturing base, and certain flight dynamics. They aren't going to get too inventive with the thing, especially on the first flight.
I continue to hope that they'll go with the Soviet-style hot staging system,
clearly visible on the N1 rocket. It's manufactured a different way, but it offers great strength with low mass, it's simple to build, and they can get as much separation as they want between the stages. They probably wouldn't bother with it for Boca Chica because of the launch tower restrictions, but when they move to the Cape, I think they won't be as constrained. We'll have to wait and see what they learn from the flight tests.