I don't think that it would make much of a difference, although maybe if the cut misshaped the gear a tad it might act like a ship prop and pull more oil behind it.. although that's really unlikely.(I'm going off at a tangent)
Also if its filled too much it could leak.
The other thing thats important is to ensure when its screwed together that you screw it on in a cross pattern as if the two parts don't close in a true manor that could let some oil out.
Again, I would just rebuild and use the green goo liberally on parts that you think could leak and go from there.
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