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Hey Racer,
The T-20 re-seal kit is about 30 bucks...so provided there are no hard parts damaged, it is a cheap fix. For bearings, I would highly recommend Buffalo Bearing 716-874-1721. Mine were very reasonable, plus they are triple sealed!
As far as your other questions...others may have some better suggestions than me. Good luck, does not sound like your rebuild will cost too much.
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