Tony's picture is a very good setup and it will definitely work. Something to keep in the mind - there is always crankcase pressure. Compression is always escaping past the rings causing the crankcase to be pressurized - all of the time. That pressure is the issue and is the reason the crankcase has to be ventilated. Something to remember though, you need a PCV only because of emissions and odor. The vacuum created behind the throttle plate at cruising conditions help ventilate the 'suck' the vapor out - the dilemma comes in the oil mist that is contained in the vapors and ends up getting in the cylinder.
At WOT the crankcase pressure is at it's greatest and even though a normal vacuum reading will show little to no vacuum, the engine is still producing vacuum at a greater amount as the rpm's increase and this is why you hook the valve cover IN FRONT of the throttle plates. In the old days (non LS) this was a standard setup. Now most all of the oem's have come up with gaskets that are rubber embossed with steel and are much more forgiving to leaking due to crankcase pressure. Hence my point several posts back, you cold just hook both the PCV outlet (without a PCV in stalled) and the other valve cover to a catch can and frget about. You could even ditch the catch can of you want, but the fumes will be worse than what you expect and you'll probably find an oily residue coming out of the hose. Iran all 3 setups, and a PCV is for a street driven car, catch cans are needed to keep the oil out of the intake.
You choose how you want to go - Tony's diagram is a great setup for a street driven vehicle. T each hos own, and as always, there is more than one way to skin a cat. But you still need to unhook the hose from the valve cover to the throttle body port - for initial startup you can leave the valve cover open and plug the port on the TB