Chris,
I think you will find that the 'oil seal' is in fact a steel sleeve with a large flange. This sleeve is a sliding fit on the crankshaft and a loose fit in the crankcase. It has a light wavy washer between it and the bearing, pushing the flange up against the end of the bearing housing. When fitted, there should be about 2mm clearance between the outer edge and the boss of the flywheel.
You refer to the main bearing as being self aligning - I think that is wrong - it should be a double row rigid bearing (30 x 62 x 20), otherwise all the transmission loads will be transfered to the drive side crankpin.
Regards,
Eddie.