While cranks have had the serrations for a while now, they were more prevalent with the rope seal. I have seen a lot of neoprene seals with the serrations too, and they do not cause a problem. They will not cut the seal because of the smooth surface, and they are cut so that the oil will be pulled into the engine when it is running. When the engine is stopped, there is no oil pressure to force any oil out thru the small channels. The only way it should leak is to use a marine reverse rotation crank in a car engine because the serrations are cut in opposite direction, and oil can leak under pressure.