well, i went out today and smelled gas (just got the bike running two nights ago), and noticed a small damp spot under the bike. checked to make sure i didnt forget to turn the petcock valve to "off", and sure enough it was closed like i thought.....so, I figured i would post up to see what most commonly causes this to make sure i dont forget to check something.....
I figure it could be:
petcock internal seals/o-rings are probably shot
excess fuel bleeding from the carb bowls
is there any other possibilites with the vavle closed??