A push (press)-fit wouldn't help any way …. it would just push the loctite out of the joint. For a press-fit to work, standard practice is to undercut the diameter of one piece (usually the male) at intervals for a thou or so to give the loctite a home. The full diameter bits in between then give the press fit.
Even if you use a sliding fit you may have a problem keeping enough loctite in the joint without undercuts unless the fit is a relatively loose one.
You could alternatively thread both parts – lots of shear-area then for the loctite and enough gap to produce a bond-line the way it's designed for. If concentricity is really important (rather than imagined …. depends on the motor/shaft joint) the extension can be finish turned afterwards.
Edited By OMG on 14/11/2013 18:28:59