Just wanted folks to be aware of what recently happened to me and my 1969 172 Lycoming O-320. I experienced a failure of the Hobbs meter pressure switch located at the front top of my O-320. Oil poured out of it and luckily I was on the ground and became aware of the problem before takeoff. There’s not much of a sicker feeling than to see oil coming out of the bottom of the cowling. Luckily, I just had to remove the part, plug it, and add one quart of oil. I got by lucky, but it could have been a lot worse. It's worth keeping an eye on this part, although not being a mechanic I'm not sure what can be done other than regularly checking for any leakage. Of course, one might evaluate whether they even need a Hobbs. When mine failed oil poured out. Also, the part is just above the large hose that takes air to the muffler shroud for cabin heat. I noticed oil also went into this hose and muffler shroud, not a lot but I still removed and cleaned it out. Just wanted folks to be aware of this potential issue.