Thanks guys! And Dan is correct... the fuel/water separator is old and Dan is giving me some well deserved ribbing

That is first on the list to replace, but I doubt it is the root of this particular problem - of course, I could be completely
wrong 
Its not the ONLY time the mechanicals get attention, but it is the BEST time, when the "brain trust" is assembled with lots of knowledgable eyes!!

As it turned out, it was the perfect item to have a tech session on since the packing gland appeared to be in good shape. The root cause of the packing not sealing correctly was the shaft alignment was WAY WAY WAY low and wearing on only the bottom portion of the packing. Probably contributed to additional vibrations and premature wear of the strut bearing since it was not centered through the shaft log nor the strut.
Thanks again to Ron & Dan for showing us how the shaft alignment is done, correctly, step by step and WHY its done this way... We even used the special
American Skier Brand feeler gauge - $1 bill - to measure the gap on the shaft coupler. One on one with hands-on is the only way to learn how something is done and I know everyone in attendance learned a lot... especially me.
Joel