BruceH
BBB Big Bore Boss 322
It can work, the problem is under boost it only leaves that one little passenger side breather to vent the crankcase pressue. The higher boost from the manifold prevents the pcv valve from allowing the crankcase pressure out, effectively keeping it closed under boost. When you let off it will open back up and vent. By removing the boost from the top of the valve it allows the crankcase pressure to vent on that side as well as the p-side when under boost. On a turbo setup you want to vent the crankcase as much as you can sicne it generate full boost down lower in the rpm range. I would reccomend a oil fill neck breather as well. The passenger side being designed to or drawing in air to the crankcase is a myth.
I've seen a better description but this is all I can find at the moment. It's from the s197 workshop manual. Fresh air in one side and crankcase gasses out the other to be burned.
http://iihs.net/fsm/?dir=7&viewfile=Positive Crankcase Ventilation (PCV) System.pdf