I have my own story from last season lol. First of all, doesn't matter what lube is in there if the lube leaks out, there wont' be any. Before filling with oil air pressure leak check through the fill plug, no more than 10~12psi air for about 10 minutes if your pressure gauge doesn't drop it's ready to fill with oil. If I recall, that was a 1/8" pipe thread and I assembled a small manifold using a "T" for that b/c I forgot my dang leak check pumps at the shop, ugh..
I use the mercruiser high performance gear lube in mine, it goes in everything around here unless something unusual is specified. I think you'd be okay even with automotive gear lube but it's not a "marine grade". GL5 is claimed by some to cause damage to bronze synchro rings in manual transmissions, can't say I've had that problem yet myself.
Okay, my story: Last year I had a devil of a time with sealing the fill plug on mine the first go around, the fill plug was constantly wet with oil so I knew something was up. Sure enough, there was light milkshake inside and good thing I checked it in time. To my surprise the Permatex 2B(my everyday go-to sealer!) I'd used didn't do the job this time, not sure what happened. 2nd attempt I used some Rectorseal No. 5 joint compound I had on hand and that didn't leak
So anyway, the service manual suggests using loctite 592