I wondered about this too... What I'm going to do is run some 1/2" wide 3M #433 aluminum tape (-60 - 600F temp range) over all the flush rivets on the engine side of the firewall before laying the fiberfrax and SS sheet. That should provide an airtight seal for 99% of the firewall, leaving only the nutplates and passthroughs as potential leak spots that can be sealed in other ways, like with firebarrier. The 600F temp limit means it should never come close to failing until there' a pretty serious fire that has already penetrated the first couple lines of defense... and the rivets themselves that are covered up by it won't be far behind in failing at temperatures above that.
As for sealing *everything*... I'm not sure if it's practical or even possible to make the firewall be "100%" airtight and burnproof, although of course that is the ideal goal. I think what we're doing (as Dan's testing seems to support) you could probably call 95-99% and that's about as good as we're gonna get. I think it's more robust than the majority of other light aircraft out there, that's for sure... including certified.
Now I'm sitting here scratching my head, thinking why did I not mask off the inside of the firewall when I did interior paint...

I'm trying to decide how big a deal it is to have paint on it and if it's worth going to the effort of stripping it off now. Aargh.