Cal, i'd honestly suggest plastidip if you can get it. the stuff is rubber in a can, absolutely flexible. and it creates a pretty nice texture. the leg looks great, though. do you have to redo the whole leg, or just the sealing process?
Sokar, thanks for the compliment! nah, no photos yet, and it's definitely not anywhere near finished. i didn't get a chance to work on it today as i was out and about with my roommate and his dad.