I finally used brute force to pry the OD seal out to get better access to the spacer.  It still put up more a fight than I expected to get it out of there.  What I probably could have benefited from is a shot of lube on the ID of the spacer and a little twisting action as I pulled on.  I found the drive shaft outside the o-ring was a little corroded and I'm guessing caused the o-ring to want to roll up rather than slide off because the spacer kept wanting to return to where it started when I pried on it.  The shaft and spacer OD all polished up to grade 2000 on all seal surfaces and back together with new o-ring and OD seal.

Yes.  The picture above I have already partially cleaned up the grime.  When I first inspected the area there was a fresh drip coming probably coming from the OD seal and wet oil sprayed all over in the around the drive pulley.  The spacer collar was a little rough where the OD seal makes contact so I think it failed there.  I've seen that same roughness before on cars/trucks where the seal has failed and had luck fixing ity by polishing it out and replacing the seal.  If it fails again I'll have to replace the collar and OD seal.  Now that's it's been fully dis-assembled doing it again should be a breeze.

That's pretty much what mine looked like too except there was a tell tale drip near the bottom retainer bolts that I wiped off before taking this picture, you can see where I smeared it.

There are a lot of guys with more experience on this bike than me that could maybe comment how common this is.  It will be a few weeks at least before I'll know if I fixed it or not.

Next time, use an ice pick, put three holes in the middle of the backbone of the seal, screw in each hole, and give them a yank. A slide hammer is a handy tool. The screw is in it, just twist in, bump, bump, next hole, bump, repeat as needed.

Sandmanred:

It looks like your seal retainer is broken on the bottom.

What would have caused that.....the darn thing is pretty well protected behind the pulley?

Retainer is intact, it just looked broken because of the way the grime collected on it.  I must have had a pretty good stream coming down under the pulley from time to time.  I found tiny oils spots all over me one time and that leak is a plausible source.