Black, sticky tar-like goo in ignition switch

[peegee12]

My 2003 Yamaha SR230 has started coating the ignition keys with a sticky, black residue - you can see the stuff oozing out of the ignition switches. It cleans off with Goof-off, but just noticed a couple of big blobs have dripped on the floor under the driver's console. Any others with similar problems, or ideas on how to fix?

 

[clint6760]

My 04sx230 does the same thing. It's just the rubberized part of the ignition switches that get hot. Both of mine are bad and sticky.

 

[TX Steve]

Have the same issue with my 2008 SX230HO, sticky black residue from the ignition seal breaking down due to age or heat. Has anyone got a good solution short of replacing the ignition switches?