Whew!! anips pretty well covered it !

The best way to determine if the leak is at the front, is to pull the dust cover off the trans, and look up into the bellhousing area. If it appears to be leaking from the front, I would suggest spraying up inside the bellhousing with some brake cleaner, and get the area as dry as possible. Leave the dustcover off and cruise around for ten min. or so. Then check again. If the fluid is definitely coming from the front, you have no options other than pulling the trans. While it is out, it would be best to completely reseal the unit. That means pulling the pump and replacing the o-ring, gasket, seal, and bushing. The other seals; rear, speed-o,filler tube bootie, t.v.cable bootie, and pan gasket would complete the deal. The 700R4 trans is notorious for the pump o-ring 'shrinking', and also, the earlier units had a problem with the pump seal being forced out by too much fluid pressure , a byproduct of a worn pump bushing. There is a 'seal retainer' that comes on the later units to prevent the seal from popping out, and they are available at the dealer, or your locale tranny shop. I highly recommend installing one of these if you wind up pulling the trans. You want to do it all at once, and do it ONLY once!!! Make sure the converter hub is good, too, with no grooves that you can catch your fingernail on. If the hub is damaged, replace the TC: Not the time to save a few $$$ here!
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Joel Adams
C3VR Lifetime Member #56 
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"Money can't buy happiness -- but somehow it's more comforting to cry in a CORVETTE than in a Kia"