Ok, so I found this image on SHG_EasyE's build thread over on honda-tech, dude is a beast for details!
From the looks of it, I think that actually is a vent for the clutch bell housing area (directly right of the output shaft opening). I'm still going to remove everything and clean it to verify... but that looks like a designed in GAP in the housing. This brings me back to my original suspicion that my passenger side tranny oil seal has gone bad which has flung MTF all over the place causing road crap to cling everywhere.
SHG_EasyE_tranny_P1100358 edit.jpg
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