Need to replace my timing cover gasket...any gasket recommendations? Tips or tricks for the install?

I see a spot around one of the cooling ports on my waterpump...between the waterpump backing plate and the waterpump housing where the gasket has a little gap...and when i squeeze it i see coolant come out which leads to me to believe it might not seal right when i bolt it back up...should i replace that gasket?
 

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I see a spot around one of the cooling ports on my waterpump...between the waterpump backing plate and the waterpump housing where the gasket has a little gap...and when i squeeze it i see coolant come out which leads to me to believe it might not seal right when i bolt it back up...should i replace that gasket?
Yes.
 
Im following @jrichker directions...Is permatex ultra black adequate or do i need to buy the "right stuff"? I hate to have to buy a whole can for a few dabs...no matter how ive tried to store the rest good it always hardens in the can. Btw i bought those roloc 3m white rubber discs and slapped them in my drill to just clean up the surfaces...worked great.
 
Last question...when do u guys change your harmonic balancer? I see a few small cracks in the rubber on mine but it looks to be intact and not hanging out etc. 93 with 75kmi on it?
 
Last question...when do u guys change your harmonic balancer? I see a few small cracks in the rubber on mine but it looks to be intact and not hanging out etc. 93 with 75kmi on it?
Now is the time to change it - you have the old balancer off so half the work is already done...
 
Any recommedation on which one/brand? I know 0 about these lol. I want to build a dart in the near future (fordstrokers) and ill go with an innovators west piece at that time most likely. Thanks
 
Check ford dealer for stock balancer or rock auto,
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look for a ford part number for stock replacement.
 
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Ok...i see on rockauto some oe replacements for under $40? LMR sells a fordracing one for 75...and the performance ones are well over 100. Ill probably go with the fordracing one since it seems middle of the road and had good reviews