Long debate with various opinions through the years. Even the manufacturers can't seem to make up their minds. However, I do believe that in 2000 Yamaha spec'd the seal on the gear side and no seal on the backside. As a previous poster mentioned, the theory is that this creates a wicking action to pull oil in and the seal acts as a screen. I have never tested the validity of this but have noticed that bearings with this config seem to be cleaner than ones with no seal on the gear side. I have seen fully sealed bearings go dry, not sure why this occurs but have seen it more than once. So I always put the seal on the gear side and remove it on the backside.