Yes, that's the brake housing, and it's already been removed - I removed the clutch shaft and fork, have new orings for the shaft.
I ordered the two seals from 123bearings.com, they haven't arrived yet, coming from France I believe.
I've got the headstock cleaned out, and the gearbox as well. I used mineral spirits in a Sureshot sprayer, some isopropyl, and some Oil Eater for the stained painted surfaces. I've cleaned all the fasteners and run a tap in all the threaded holes to clean out the muck. The paint still looks crappy, but the lathe will start it's new life with me nice and clean.