I also believe it to be a bad idea. It can be done "well" but I don't believe the result is ever greater than the sum of the parts so to speak. Especially if the blade and guard are different materials. Assuming it's done correctly, every step of the way: preheat, postheat, slow cool, normalization, heat treat and quench -
-you still have the possibility of creating a weakened joint due to microfractures
-you've created that possibility at what I consider the portion of the knife that requires the greatest stability and strength as the guard/bolster area is often the fulcrum bearing the brunt of all forces being applied when the knife is used
-the gain of a welded guard (stronger than solder?) is not guaranteed, and contradictory to what the welding may do to the tang
It's simply not worth it, and is likely requested by someone who things "welding > solder" based on previous experience with completely different materials and applications.
If you are going to weld a guard, the only way I would do it is to forge weld it to the blade during the forging process, and of a similar material to the blade itself. That's the only way you will avoid (mostly, never entirely) the different coefficients of expansion and contraction that come with heat and produce microcracks in welded joints in anything but low carbon, low alloy structural steels.
Welding a guard, to me, is like looking at a stud built wall and saying, "Nails aren't good enough. They always pull out, they're soft and they bend. Screws are better." and then using some kind of threaded fastener wholly inappropriate for the task, like drywall screws, which are brittle and low strength. It seems better on the surface, screws don't pull out easily, but basing the construction of the wall on that one factor, disregarding whether pullout force will actually be placed on the wall versus shear strength and shock resistance, and risking the structural integrity of the entire house for it. True, they won't pull out, but when a few heads pop off on an extremely windy day, the house might come down like it was built of cards.
(of course today there are framing screws actually intended for this, it's just an analogy)