This is why a number of folks upgrade to the rectangular version - because it is intended/designed to be able to replace the removable reservoir which has a replaceable o-ring on its outlet. But, I do know of some ambitious souls who managed to carefully pull theirs apart and epoxy it back together again - but not something I personally would put too much confidence in.
If the piston & seals are replaced and the bore looks good, you may be OK, unless it exhibits leaking from around the base of the plastic reservoir - that is usual the point of no return for these round m/c models.