Not Ranked
I have a Tremec 3550 (not a TKO). If the cable is the same (don't know if it is), and you see trans fluid on it near the trans, that's where the leak is. When I bought my car last fall I had a minor leak there. It is relatively easy fix. I removed the cable from the car entirely. Unscrewed it from the back of the speedo (don't know if your Backdraft has the same kind of speedo connection as my Superformance). The connection at the trans is obvious and easy. After backing of the bolt that holds it in, pull the cable out. Clean the cable real good with brake cleaner. The leak is probably not the o-ring, but if you suspect it, go to NAPA with the cable and pick one out of their box of o-rings that fits.
Reinstall the cable, then put RTV sealer around the metal crimp at the end of the cable. That is where my leak was. Let it cure for a day. Drive the car and check for leaks. Mine was gone.
This does not answer your leak at the speedo. Beats me. Haven't had that yet.
Jack
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