I had the modern seal in the front of my old engine. It leaked. They wear out and the lip, which should be a knife edge, gets rounded. The block and pan are not meant for the modern seal so it requires a lot of sealer. The modern rope seals work good and will last a long time. Regardless of which seal you use, the area where it rubs should be polished. It is also possible for oil to leak past the pulley at the crankshaft so some people use a sealant there.
I had the modern seal in the front of my old engine. It leaked. They wear out and the lip, which should be a knife edge, gets rounded. The block and pan are not meant for the modern seal so it requires a lot of sealer. The modern rope seals work good and will last a long time. Regardless of which seal you use, the area where it rubs should be polished. It is also possible for oil to leak past the pulley at the crankshaft so some people use a sealant there.