Hey Mess,
Saw your post at CCFan. What, you don't trust us???

Anyway, the block looks good to me but a crack can be pretty hard to see.
If you look at the block, you'll see pretty quick which holes go clean through to the water jacket. Make sure that you know which bolt holes are blind and which ones go through to the water jacket. Clean up the old sealant from the block and the pump itself. Clean up all the bolts with wire brush. They should be able to turn in nice and easy with your fingers. Make sure everything is clean and dry.
Put a thin coat of sealant on the new gasket, place on the pump and then another thin coat on the other side of the gasket. Place the pump on the block and screw the bolts into the blind holes finger tight.
On the holes that go through to the water jacket put a layer of sealant around the first 1/2" threads on the end of the bolt and screw them in finger tight. You don't have to put gobs of sealer on the gasket or around the bolt holes. Just on the threads before you screw them in.
I don't know about the Fords but a Chevy is torqued to 25 ft. lbs. It's not really that much. Too tight and you'll crush the gasket, squeeze the sealant out of the sealing surfaces and you'll have a leak.
Let it sit just like that overnight if at all possible so the sealant cures and then go ahead and fire it up.
If the original pump wasn't leaking out of the weep hole, I'm guessing the gasket started leaking someplace. Purely a guess.
Hope this helps.