If your valve is leaking, I believe you can replace the o-ring with the valve in place.
But, why not do this...
Replumb the system, and replace the valve with an electric solenoid. You can leave the original in place, so it looks original.
Mount the solenoid rear of the aux tank on the frame. That way the fuel lines from both tanks are almost the same length. It's also a good place for an electric pump if you ever decide to go that route.
The original was really placed in a lousy location. It was selected for access to the handle, rather than function or service.
I consider the electric valve installation to be my most important mod. It eliminates the confusion some have had by switching the gauge switch and not the valve. With this electric valve all you have to do is flip the gauge switch, and the valve switches too.
Also, there is no chance for the flooring to be soaked with gas again.