It's true that you are drilling blind holes that don't go through into the inside. But, do any of the chips fall down on the exposed crankshaft or the rear main bearing joint. ANY grit here will cause major problems.
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See if this helps:
www.mossmotors.com/graphics/products/PDF/833-415.pdfWhere Moss suggests replacing the felt plugs with silicone sealer, I've found that silicone sealer will never set when it is injected into a deep closed hole. It requires exposure to moisture in the air to set.
I had much better luck injecting a fast set two part compound called "Duramix" into the felt plug holes. Duramix is used by body shops to repair flexible "rubber" bumpers.
Also be very careful to seal the main cap bottom to the sump flange. If the main cap surface is the slightest bit below the surrounding sump rail surface it will leak. The sump gasket kits often supply a thin cork strip "extra gasket" to fill this space.
I would also use a thin coat of sealer on the -main cap to block- horizontal parting surfaces.
I can tell from experience that this is NOT a job that you want to do twice!
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