Interested question....
I am having a problem with my vented dipstick/filler cap on a First Choice RFM. The gearbox gets hot (I can't put my hand on it for more than a second or two) and the oil follows the vent tube up and spills out on top of the gearbox. The cap had a foam breather element, but it got saturated with oil and made even more oil come out so I removed it. It still leaks oil, but it is slowing down now that is between the fill marks rather than at the high one.
So...
Clearly there is a significant amount of pressure and logically the seal is going to be the weak point. I think a vented cap is a good idea, but in practice I hope LP's works better.
Mark