Seems you take the valve cover off and then the upper cam bearing cap and pull the rubber seal out. Is this correct and will I need any new seals or gaskets besides the cam seal. Any landmines I should be aware of ?

 

nope you are right you will need some gaset sealer(hondabond) also and its the cam cap hondas dont use bearings on the cams.

 

If your valve cover gasket has a few miles on it, might as well replace that too....its only like $6 from HParts, and of course you'll need some Honda-Bond to seal everything back up.

 

Could be of some use for you:
http://importnut.net/STRseal.htm

 

As usual you guys are awsome