It is fixable, but its a specialized job. you can by a seal kit, you need to strip the box to test the drop arm shaft bearing, renew if needed and ream to proper fit on the drop arm shaft, then clean and reassemble the box, you then adjust the drop arm engagement with the small center screw. as you do this you need to move the box over center back and forth. The idea is to feel no play as it goes past center, but no tightness either. The design of any steering box (not rack) makes the drop arm have play when not centered,so you have to "feel" for that central point. most important though, you must not be able to "feel" the tightness as it goes past center.