I say go for it. This seems to work fine right now and yeah, like the price /ubbthreads/images/graemlins/grin.gif
OK, (for you hertz /ubbthreads/images/graemlins/tongue.gif) here's a quick, crude sketch of what the GTO version looks like. It would be similar for the VR4, except the 'vacuum' side would be hooked up to the intake 'pipe', -or- you would not put that nipple on and run a breather at the top, if you don't want to recirc. For smog purposes, I will though and probably put breather and plug 'vac' side when not under the watchful eye of nazism. Also note that on the VR4 application, the 'crankcase' would be the valve cover 'nipple'.
Note that if you were to put something like this on the GTO and you decide to add forced induction (s/c, turbo), you would want to put a checkvalve on the 'vacuum' side to allow only flow towards the source. Othersie, pressure would go backwards and put the oil, etc. back into the crankcase...