Thanks for the replies here guys!
@krelboyne- This car has never had a NOx device or smog pump on it that I know of. I did more research and found that even though "official" smog checks in CA didn't start until 1984, all cars sold and registered here since the early '60's needed to have a closed system with a PCV valve which is probably when mom had the "home made" carb spacer-to-manifold PCV set up added when she moved here in 1967. I'm wondering if my hard line vacuum advance tube was cut and spliced with a hose like yours at that time, although that also could have happened when our mechanic put a 1974 F150 carb on it in 1986 since the vacuum fittings were different.
@jwc66k- VIN info is in pic #1 below. Again, no smog pump on this, but it sounds like the "closed system" that you described is how Ford built their cars from the factory for sale in CA which I believe is what that looked like in pic #2 here, yes? The difference here is that the oil breather to air cleaner
@FXguy- sounds like my hunch was pretty close here. I just read on
http://www.svs.com/zim/mustang/64engine.html (64 1/2 vs 65 differences) that confirms everything you stated-
"Engine has a road draft tube if PCV valve is not used which means there are some engines that have valve covers on both sides with no holes" LIKE MINE (Pic #3)
"Valve cover on V8 has no oil filler cap if filler is on timing cover" (pic #4)
"Small opening for PCV valve on passenger side valve cover- missing if road draft used" (pic #5)
So moving forward, it's obvious I have a Frankenstein hybrid on my hands- a Chicago bought car modified to CA emissions standards. I've read that the PCV is cleaner/less stinky for the engine and environment than the draft tube so I don't really want to go back to a tube, but I also don't really care for the "home made" manifold PCV look I have now either. I'm thinking my best bet may be to cut a hole in the proper location (rear flat spot) of the passenger valve cover, pop in a PCV valve there and run a hose to the carb spacer. If I do that, I'm not sure what to do with the back of the manifold opening where the PCV is currently. Can I install a block off plate on the triangular hole there or fill it with a new Oil Breather Screen-Mesh Filter and leave it open?
Guess I may never know what the jenky cut hole with the rubber plug in it was ever used for...