This is a bit weird, but I removed the dust cover and cleaned up a puddle of oil/water, then worked the forks up and down and got very little oil.
I wonder if the cracks on the dust cover caused water to get in there and that picked up a small amount of oil which I saw working down the fork.
In other words, I'm thinking the seal isn't that bad.
Example: I worked the forks a few times and got a lot of oil on it, now it doesn't seem to do it.
I think I keep an eye on it, but that dust seal is a toast.
The PO said the seals were new, but I can't imagine someone replacing seals and not the dust covers.
I'm going to do a few test rides.
Note: I asked a silly question last time about the lower bolt. I think it's clear that you can separate the forks while still connected to the bike. Just lift up the front and pull/hit the forks down.