Many times, mine wasn't a choice of economics and more necessity. Sent out at 3:00 am with limited parts and in the bottom of a boat at sea you do what you have to do. The takeaway of mine was more that; lube is advised to ease the push into the bore and help in not getting a false set to bottom; the idea is not to "glue" in place as glue/sealer could affect the rubber to plastic sealing; and given that, if the bore is out of whack enough to need some sealer for aid, it might leak anyway.
When you don't get away with using a damaged bore, the pump leaks. It's gonna be because the rubber has limited sealing to damages of bore, or, because the ceramic seal doesn't sit straight to the carbon ring and the mating is off due to bore wear. The normal, operational, "seal" is the rotating carbon ring lapping into the fixed ceramic ring.
But, if that were mine, it's the cost of trying seal v. buying a housing. The way I operate, I would risk the cost of a seal first

But, that's just me.
Here's another test. If the seal seems loose to push in, get a housing. Or, if you are limited on time getting it all up and running, order the housing with the seal and eliminate the possibilities.