I guess it's been a couple of years (maybe three) since I experienced the same problem. In my case, I plain forgot to put the damned felt in; probably because I hated it so much, its being way too big and a miserable solution to the problem in the first place. So not wanting to tear the front end down again, I made an O-ring using one of those readily-available kits. You need to find the correct thickness of material, stretch it around the stem and cut it cleanly and slightly shorter for tension. The kit should come with a plastic "guillotine" for making a square cut. Then place it around the stem and glue the ends together with Crazy Glue or some such.
I was warned that it wouldn't hold and surely would never work. But after the two or three years and 4,000 miles or so, it's still there doing its thing.
I was warned that it wouldn't hold and surely would never work. But after the two or three years and 4,000 miles or so, it's still there doing its thing.