problem is the crush sleeve, early mustangs the yoke seal is really easy to replace.
you mark the position of the yoke nut and then pop it off count the number of turns and then remove it and the yoke. reassemble count the turns then turn until the marks line up again. this is with a solid sleeve. it works because you get back to the same preload on the bearings.
unless the rear was converted to a solid sleeve then dealing with the correct bearing preload on the yoke when you reassemble is a REAL pain because it is a crush sleeve. the crush sleeve, crushes down so when you attempt to mark a start point and go to retorque you will be too loose. and it will be impossible to check the preload torque correctly so you can over torque it really easy, you wouldn't know till the rear end starts making noises that are bad, then you have to pull everything apart and rebuilt the bearing chases and again change the crush sleeve.
You are better off pulling the 3rd member or attempting to pull the nose of the 3rd member usually you can't reach all the bolts. so you have to pop the 3rd member off. this is because when you go to retorque the yoke nut the preload will be totally out.
the manuals all cover solid sleeves and leave out the crush sleeve issue. basically you need the nose pulled off the 3rd member (careful to take note of the spacers. then you pull the nut, pop the yoke, take the assembly apart, change the seal install a new crush sleeve and reassemble then you need to clamp the entire nose assembly in a vice and torque to spec, do not over shoot or you get to start all over.
to do this at home will require some expensive tools, so it is best to go to mechanic or a trans rebuilder that has everything to rebuild it for you.
here you can see me rebuild my 3rd member.
http://www.7173mustangs.com/thread-how-to-rebuild-a-ford-9-inch
http://www.7173mustangs.com/thread-how-to-rebuild-a-ford-9-inch-part-2
i had to use a 6 foot breaker bar extension to get the preload i needed on the yoke. to crush the sleeve down.
this all assumes the leak is the pinion yoke seal. so you need to see if it is wet behind the water shield behind the yoke.
if the leak is from the housing then you will need to pop the 3rd member but it will be repairable easier at home