That looks like brake fluid, hopefully it is and not gear oil because it is a lot easier to change the wheel cylinder then the wheel seal. A sniff/taste test will tell if not certain. The wheel cylinder just screws into the axle housing. It is easy to get at the ones on the rear axle, the ones on the front axle are quite a bit tougher. I built a custom socket to grab the back of the cylinder to get the front ones off. They are supposed to be locktited in to keep them from turning so it may need some heat if they don't come easy.
The welds would definitely be something to keep an eye on, we haven't had any problems with anything cracking anywhere on ours although I shouldn't say that (knock on wood)!
Based on the pictures you have posted they look good, if they were closer my boss would probably be bidding against you! They don't come up for sale very often around here, one of ours came from Texas.