Slave rebuilt. More gunk and varnish in the slave housing. The piston and seal looked good. There was a ring of built up hardened, varnish-like material about where the piston seal rests when the clutch is not engaged. Took some 000 steal wool and buffed it off, blew out the housing and reassembled everything and flushed the system with nearly a full bottle of DOT4. Its rainy and windy so no test ride today.
Don't want to get into the merits of various oil brands, but I'm having a hard time believing the 15w-40 Rotella T6 would be the cause, simply because except for the slight weight difference, it exceeds Yamaha's call out in the owner's manual. I could certainly be wrong, and I'm fine with that.
@FastPappy - I'm going to hold off on the oil change until I can test ride the rebuilt the slave. If the slip is still there, then I'll go with a "motorcycle" oil that matches Yamaha's call out. Local Autozone stocks a Valvoline and Lucas brands that are sold as "motorcycle" specific. Can't do anything else at this point, as I'm still waiting on a clutch pack, should all else fail.
Thanks again, everyone for the great info and suggestions! You've been a great help /thumbsup.