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Well, just to update for anyone else who may have similar troubles now or in the future.....
I'm satisfied that the bearing is okay as is with no particular alignment, though apparently (if I have it right) it shouldn't be lined up with the slot in the housing. My housing had two slots, one on each side of the bearing seat. After a moderate drive, the tail was bone dry. It was hot to the touch, too hot too keep my finger on (but so was most all of the tranny housing), however the yoke was hot but not near as hot as the tail housing. I'm assuming that if it was spinning in too dry of a bearing it would also be too hot to touch.
Though I did overfill the tranny, that did not turn out to be the cause of the second leak. Apparently, the cooling lines were worn at the clampdown to the point where one was almost ready to crack and the action of my raising and lowering the hydraulic jack that I had supporting the transmission must have stressed it enough to cause one line to fail, with the leak hidden under the clamp. There was so much fluid splashed around it was hard to tell. Only after wiping it down and starting the car up could you notice the drips building up right at the clamp with no other apparent source. I cut the line and slipped a temporary hose over it till I can get some high pressure/temp braided line to patch it more permanently (though that may be overkill). I'll have to find another suitable clamp as the original one won't fit over the thicker hoses. Oh, and I had no trouble using the 10mm drain nut to relieve the over fill (I've read here that the pan threads can be easily stripped).
Once again, my thanks to this amazing board and all the thoughtful folks here!
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