Jim - glad you have verified the leaking item. If you don't use the HWH, why spend the money to lug around the extra weight? Even at today's prices, that's a few gallons of fuel (or bait, beer, etc).
Vikingtime - The older FWC'ed 454's have an advertised 33 qt capacity. My manual says to adjust the coolant concentration for local conditions. I make up mine for a -20F freeze point. That's about 3.5 gallons/engine.
Once drained, I add the 100% antifreeze amount to the system and then fill with distilled water. Then purge and top off the overflow bucket.
Like Dave noted, a higher concentration of coolant on the fresh water side isn't a good thing. the heat transfer capability of the system goes down with increased ethylene glycol concentration.