do you know where its seeping from ? what size carb ?

Probably accelerator pump

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the bowl gaskets are probably old and dry.

get a pair of blue gaskets for your metering blocks and bowls.  it'll be easy to replace them.  just remove the bowl bolts, put a rag under hte bowl to keep gas from going everywhere.  tap the bowl with the head of a screwdriver or rubber mallet to break the seal and it should fall off.  clean the surfaces, put in the new gaskets and put the bolts back in the bowls and do NOT overtighten them, they strip easily.







if they're old you might as well just get a rebuild kit with new needle cork seals, bowl gaskets, accelerator pump gasket, etc. 

Here are some photos of the seeping location, carb and manifold

Rebuild the whole thing

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Going with the shrunk gasket theory..

The blue gaskets ka0tyk mentions are ethanol resistant and wont shrink when they get dried out.

Use Vaseline or Pam on then before you put it together, this makes them come apart more easily, but will not effect their effectiveness.

IMHO I would get a kit, then buy some extra bowl and screw gaskets to keep in the crash box.

GT

Ordered the rebuild kit from Summit along with a couple other toys...do you think it's okay to run at Avi May 10 - 12 without any major issues?

With a leaking carb? FUDGE NO!!! Maybe bring it and one of could rebuild it right there.