From the photo, it looks like you have the transmission out already. Normally a sealing compound is used on the two machined surfaces and it works fine. Yes, things can warp and become uneven over the years. If you decide to add a paper gasket, use some very thin material (like newsprint) and seal with gasket shellac on both sides also. Adding too thick a paper gasket, will change the critical shimmed clearance of the input shaft and bearing. Go ahead and change the transmission front seal while your at it. Also check the slotted nut in the tail shaft to make sure it is not coming loose.