Im pretty sure it takes air from the engine that is "fumey/oily" and passes it to the intake to burn again
after a while it leaves oil residue in the intake manifold, mine is still hooked up, but when i did my head gasket i blew the intake manifold out with brake cleaner, all kinds of oil and shizat came out
i believe its more of an emissions thing than anything, on my probe (it was forced on me), i disconnected the two breather tubes and put some filters on it from kragen, not too long after one of them was saturated with oil and other crap from the engine..
hope this helps, and if im wrong .. screw you
