Bellhousing leak?

I have a 93 LX 5.0 with an automatic transmission. I just replaced the oil pan gasket and everything appears to be dry as a bone around the pan for the last few weeks.

Here is my problem. Fluid, maybe redish or brownish color, is leaking from the bellhousing area. I pinpointed the leak coming from the metal cover that hides the torque converter bolts that go to the flywheel. What could be leaking behind there?

Is the trans going????

:SNSign:

How much would something like that cost to have repaired? Does this involve transmission oil or engine oil? I have also noticed that when I rev up the engine, I can smell oil burning. When I look under the car, I can see smoke (from the oil burning) hitting the back of the exhaust right under the rear main seal to the front of the driveshaft. I know that seal is good though because it was just replaced. Could the oil be falling from the bellhousing and then, while driving, the oil is hitting the exhaust on the way to the ground?

Thanks for all of your help!!!!!!!!!!!!!!!