Chad,
You'll get numerous opinions on this. I originally did my senders with gaskets and no sealant. Ended up with leaks through the screw holes. When I went to re-do them, I was not happy at how the gaskets squished out, so I followed several folks's advice, and eliminated the gasket completely - just pro-sealed the sender in, and gooped the screws as well. Will make them **** to take out, but they don't leak!
Paul