The schrader valve probably just needs to be tightened down with a valve core tool. But they can go bad. It won't hurt anything if it's loose/bad, but as you found out will leak when you remove the switch.
I don't remember exactly what it looks like in there, but the o ring would go where the switch mates to the line. If it's not leaking there, you got it in the right spot. The
I don't remember exactly what it looks like in there, but the o ring would go where the switch mates to the line. If it's not leaking there, you got it in the right spot. The
