Sounds right, the choke will eventually switch off from what little coolant gets thru the o'ring and heat from the engine, but it will take a LONG time.
Just to give you a better idea of what you are looking at, its part 32 in this diagram:

Getting to it is fiddly but doable:
Before you start, MAKE SURE you can reach ALL 6 bolts on the inlet, the third one from the right is wedged between the inlet and exhaust manifolds and is tricky to get to. You'll need a new gasket and the o'ring, part 32 in the diagram below.
First take the carb off:
Remove the airbox
Remove the fuel line from the carb
unplug the 2 electrical bits on the left side at the back
remove the earth connection from the front
Unplug the vacuum connection to the green reservoir
Remove the coolant connection to the inlet manifold
Remove 3 securing bolts
Check the condition of all the vacuum pipes, do one at a time its a bit complex back there
That should give you enough slack to move the carb over to the right out the way, next get the manifold off:
Undo all 6 bolts, remove manifold.
Then lever out the knackered old oring and clean up the hole it came out of. While you're here check the inlet manifold preheater. Then fit the new gasket & oring, refitting is the reverse of removal