Well I drilled it. The first pic you can see the small tube (ARb supply line) inside of the fitting. Looks like there should be enogh room to vent. I think I might run some vac line over the line to protect it againt rubbing on the brass fittings. I don't want it to rub a hole in the line with vibrations.
Second pic you can see how much it sticks out. I'll be running a SS line so it'll be a little more durable. If I some how break it off on a rock I'll have a bigger problem to worrie about. Since it would take out the oil pan to.