I don't think that holes in the intake hose will affect crankcase ventilation. The system works in two regimes: At idle, and at speed.
At idle, vacuum gets to the flame trap directly from the intake manifold via the small nipple and small vacuum hose, which attaches to the top of the flame trap. That 1/4" diameter hose (and nipple) often become plugged, which means no vacuum at idle BUT plenty of crankcase pressure at idle. You can ream out the nipple, and you should simply replace the hose.
The intake hoses have no effect on the vacuum inside the intake manifold while at idle (or any other time).
At speed, the crankcase runs at slightly positive pressure, but this causes the vapors the exit through the flame trap and into the intake hose -- which means that they're inducted into the engine and burned.
Again, small holes in the intake hose won't affect crankcase pressure.
The oil cap used on an '87 is the newer, lighter plastic design. They tend to rattle even when you have sufficient vacuum. It's best to measure crankcase pressure with a gauge.
Your cam seal may have failed because it was defective or because it was improperly (or poorly) istalled or because the crankcase pressure went higher than you realized.
I'd also reach behind the head and feel the big plug. Confirm that it's firmly in place.
--
Don Foster (near Cape Cod, MA)
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