Mine was about that bad when I did mine. I just cleaned it up well with a stainless steel wire wheel, lightly sanded it to remove any of the higher rough spots that might effect new seals, and did the new seals. It hasnt had any issues since october. I think you are good to reuse it if you clean it up.
Def dont use a normal wire wheel on it, because you'll impregnate it with mild steel causing surface rust that might cause you problems. Only use stainless wheels on stainless parts. Also dont use your stainless wheels on mild steel parts because then you contaminate the wire wheel and cant use it later on stainless parts.
Worse case is that you redo it again if it craps out, but as you can see, its very accessible, and you'll already have the tools. Those impeller drive shafts arent cheap.