Re: 150hp 60* bearing
OMC's explanation was that the oil reflow system fed oil to the lower bearing and it was a dead end. That could, in theory, cause an air lock of sorts and actually stop oil flow from getting to the lower bearing. (Kind of like trying to fill a gearcase from the top hole) It was their reasoning for some lower main bearing failures.
The obvious questions was, why had it worked for so many years without the vent? We never really got an answer to that. We saw lower bearing failure before the vent and after. Most were related to water injestion, some weren't.