Serial #OG606378 I have a slight weeping of oil from what I believe is a hole for water to escape from the lower unit in the event of freezing temperatures. How major a problem is this? Can the motor be used without causing damage or further damage? Could unusually high weather temperatures have caused this seeping?
I would check the lube and see what it looks like. If no water is found then it may have been over filled and the pressure build up is causing it to weep out. I would probably try to top it off and then bleed an ounce back off of it. Throw the old gasket away and check to make sure someone hasn't accidentally put 2 gaskets on it. If they did, it will leak almost every time. Then put a new gasket on it, tighten to spec, and see how it does.