OK everyone I am really enjoying the electrical talk, it takes me back to my electrical engineering classes in college.
I finished tearing the motor down last night and was able to get a look at the crankshaft seals. They both look to be in good condition and are not leaking currently but if these are the "bad" seals I will replace them while I am here. So can someone please identify if these are in fact the "bad" seals?
Here are two pictures of the top crankshaft seal:
And here are two of the bottom crankshaft seal:
Thanks again for all of the help and good thought provoking conversation.