I was inspecting and cleaning the '66 yesterday and I saw something underneath the rear that shouldn't be there. The engine is still out of the car. But under the rear I saw a spot of yellowy snot looking stuff. I could smell it. It was gear lube. Yes, the trans axle got water in it from Hurricane Katrina. But this was something new... and where was it coming from. At first I thought it was coming from the drain plug then I wiped away all the grit and grime and that's when I saw where it was coming from. From a hole in the bottom of the transaxle. The case was eaten away from the inside. I could feel the ring gear. Not good. check it out...
dw