Weird oil leak coming from fuel pump???
it may just be the gasket
If it was the gasket how could the oil make it up to the top of the pump assembly? That may be part of the problem but there is definitely oil seeping out between the upper and lower sections of the pump; like I said before after driving and parking the car I see an occasional tiny air bubble coming out from the 'crimped' area. I'm overseas right now but when I get back I will double-check the gasket and make sure the bolts are on tight.
I'm looking on Summit right now and big surprise (sarcasm) there are stock-type replacement pumps for around $20 then the Edelbrock and Holley HP units for $150+ and nothing in between. I've had good luck with Airtex brand parts I may just get one of those for the time being and then upgrade to an electric pump later. I'd rather not dump lots of money on another mechanical pump as I eventually need to upgrade the whole fuel system to 3/8" line anyway (currently have stock 5/16" lines).
It does piss me off about replacement parts being junk the old pump I had was reused from the stock 318 my car had and worked fine for the 8+ years it was in service. I think all that made it fail was the ethanol-laced modern gas eating away the internal diaphragm.