I pulled the flywheel/stator cover off of my 97 with a 8oz steahly flywheel weight. The whole rotating assembly was coated with a white, chalky substance. What would that be? Is it supposed to be there?
That's what it is. As long as it's not to much moisture(clogged drain at base of the cover) then corrosion can incur. As long as there is no black graffite looking powder. That denotes wear of your brushes and future electrical problems. ;)