Bob, I know it's been a while, but do you remember how things turned out? I'm new with motorcycles alltogether, and am trying to start up a '73 cb350f for the first time in a long while...not geting enough spark...but as my battery tired out, I saw the same leak--coming directly from the points shaft. I stopped, of course. Now, what? The leak is only a drip, but the motor only cranked for 5 minutes worth of revolutions, hardly a ride's worth of spinning. (I'm guessing the amount would be significant if I were running it longer). Any advice would be great. Thanks.