I did my version of the reed valve breather, also using the Mike's XS valve shown. I drilled and tapped a hole in the rear of the crankcase, the idea being to place the valve between the crankcase and the gearbox. This is not really a good idea, since the amount of space available is rather limited (= bugger all). The current bodge (aka workaround) uses a hose barb threaded into the crankcase and a length of hose up to the valve which is about level with the top of the engine plates. This does tend to kink though due to the limited space, so is not ideal.
The next version will use an alloy block to create a 90 degree elbow, thus avoiding the kinky hose problem. This does place more oil between the crankcase and the valve, but I don't think its a problem.
On reflection though, much time and agony could have been saved by using one of the several off-the-shelf versions.
Oh well, on the next project....