Great explanation RDL, but I disagree with one part of your analysis. I think the diaphragm in the CCV is operated by intake manifold pressure rather than crankcase pressure.
I cut a CCV apart and found a couple of interesting issues. First, the bottom part, which I call the cyclonic separator, and the top part, which I call the regulating valve are connected with a small tube. This is the tube with the vacuum nipple that controls the FPR on earlier models, This tube is hollow, but extends all of the way through the cyclonic separator and is the part to which the drain tube (vent hose) is attached. This tube is continuous from the regulating valve to the drain tube and is only perforated by a few slots just above where the tube exits the bottom of the cyclonic separator..
Also, the web inside the cyclonic separator is a continuous spiral. The outside of the spiral attaches to the cyclonic separator body at the entrance of the vent pipe. The inner part of the spiral web is attached to the central tube.
The central tube connects to the regulating valve on the same side of the diagram as connecting line to the intake manifold. Inside the regulating valve the diaphragm works in opposition to a spring on the vacuum side of the diaphragm. So the diaphragm that closes off the passage of gasses from the cyclonic separator is exposed to vacuum from both the crankcase and the intake manifold.
I think the intake manifold vacuum will always be higher than the crankcase vacuum. So I think the diaphragm opens when the intake manifold vacuum is lowered(is closer to atmospheric pressure) as the throttle plate opens. This mode of operation would route the blowby gasses into the intake manifold when engine speed is high and air intake volume is high.
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Since there have been so many questions on the topic of CCV operation and failure, here is a description of how I think the CCV operates using Bluebee's picture for reference.
The vent pipe, swirl labyrinth chamber and vent hose are always at the same pressure or vacuum - there is no valve or obstruction between them. The swirl labyrinth is the lower part of the CCV assy that the vent pipe & vent hose connect to. Further, they connect to the valve cover & crankcase without restriction and are at crankcase pressure/vacuum.
The connecting line and return pipe connect to the inlet manifold which has a vacuum of ~20 inches Hg (mercury) at idle; ~260 inches water column vacuum.
The portion of the CCV immediately beside the blue "CCV" label in Bluebee's picture is a vacuum regulator whose job it is to maintain 4 -6" w.c. vacuum in the swirl chamber.
When the engine starts, the labyrinth is at 0 vacuum (i.e. vacuum is less than 4" w.c.) & the orifice/valve in the regulator is open. The gases in the swirl chamber flow through the regulator into the connecting line (which is at high vacuum), on to the inlet manifold and through the engine. Soon the vacuum in the swirl chamber (also the crankcase to which it is connected) is sucked down to 4 - 6" w.c. vacuum and the orifice valve in the regulator closes.
The engine runs, more blowby gases from the combustion chamber enter the crankcase & raise the pressure (reduce vacuum) in the vent pipe & swirl chamber. The regulator opens again, allows manifold vacuum in the connecting line to suck them away until crankcase vacuum is back to 4 - 6" w.c. at which point the regulator closes again. And on it goes, cycling over and over.
As the blowby gas travels through the engine toward the CCV, it picks up microscopic droplets/mist of oil. We don't want this oil mist to go through the vacuum regulator, into the inlet manifold and be burned: high oil consumption and air pollution. Enter the swirl labyrinth; it causes oil droplets/mist in the blowby gases to stick to the wall of the labyrinth and drain down the vent hose into the dipstick tube and sump while the "cleaned" gases carry on through the regulator.
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Regards
RDL