Re: Oil leaking from valve cover breather...
Check for excessive blow by... ie: combustion pressure leaking past the rings into the cylinder block and coming out of the valve cover / breather elbow.
Always start your diagnosis with the easy stuff:
Open the oil filler on the valve cover, start the engine, hold a tissue paper over the oil filler, check for blow by at various RPM's.
When you're ready, you can go deeper with a cylinder balance test (also easy), compression and leakdown test. I wouldn't trust the result of any one of those tests ... have to analyze the results of all three tests.