Ok. Many thanks to Steve (Planecrazy) and John (jpaul).
Having fixed the hole and determined that two thin (ish) coats of Form-A-Gasket do not work well on the oil pan, I waited with bated breath for a replacement oil pan gasket from BikeBandit. To my great fortune John "just happened" to be passing through with the appropriate gasket in his car. Friday night/Sat morning I was able to replace the gunk with a real gasket. At the same time I fitted -with something of a struggle- the case guards that started the whole mess. Ran the motor untill she was good and warm and checked for any leaks.
NONE! YEA!!\\

/
With some paranoid trepidation I went for a ride this am did not really push past 7000 rpm and returned to check for leaks one more time.
NONE! YEA!!\\

/
Not even from the cylinder cover gasket, where I thought there was a leak!
Next step was to replace the breather cover (courtesy BikeBandit) as one corner had cracked off, not sure how -over enthusiastic tightening maybe?- not by me. I had packed it with the good old F-A-G, hmmmm not quite what I meant.
So it looks like I will be good to go on Friday (what time do you want to hit the road Steve? BTW will bring check?/cash for the Dremel thingy)
BTW since Steve and I determined that the center exhaust was incorrectly installed by PO/Redline, and we corrected that, the bike sounds much better and has a little more umph! I know, I know I should have known, but there again I was trusting (too much apparently) Redline a "professional" service center. "No more!, quoth the Raven, No more!"
Thanks to all who gave great and well meaning advice, but especially Steve & John, you guys came through for me. I can only hope to return the favor.