<VV> Leak from 1/8" hole in Bell housing

[Sethracer at aol.com]

In a message dated 10/15/2011 6:23:15 P.M. Pacific Daylight Time,  
rizakoyt at yahoo.com writes:

Hey  guys,
I have the Corvair up on jack stands today fixing oil  leaks.
Then I noticed that the little hole on the bottom of the bell  housing is 
leaking oil.
Is there anything I can do about this besides  pulling the engine and 
replacing the seal?
I want to drive it while the  weather is nice and then really get into 
fixing all the leaks this  winter.
 
Depends!
 
-Seth