I had the same idea about the bottom seal late last night and removed the motor from the leg. I used the fuel pump pulse port to put a little air pressure into the crank case lower side. The seal will hold back a few pounds of pressure but not much.
The carbon seal or “ quadrant seal”, is definitely one of the seven wonders of this ancient outboard.
As i was taking the motor apart i took lots of photos for reasembly purposes. I also found an exploaded view in the repair manual. The old one was cracked so i got a new one. The square O ring is inside the carbon seal with the sholder side facing the berring. The berring is flush with the bottom of the crank case. The side facing out has 2 small cut outs on the inner circumference, exposing a small part of the O ring. Then the large spring retaining washer then the spring then the small spring retaining washer then the snap ring to hold it all togeather.
What i dont understand is how this seal is supposed to hold any real crank case pressure in. It looks and functions alot like a 1 way valve letting pressure out.
How much pressure is it intended to hold?