As I see it, the tower does two jobs. Firstly it acts as a condensation recovery device, allowing oil vapours to condense and drain back into the sump, minimizing the amount drawn into the engine (oil effectively reduces the octane value of the inlet charge)
Secondly it contains a (E D I T) valve device, which appears to prevent vapour and blow-by gases from being drawn into the inlet at high vacuum i.e. when the throttle is closed at idle or on the overrun.
The need for the first point I can see as necessary back in the Castrol GTX days, but that was 40 years ago and oil technology has come a long way, with oils that are far better at resisting evaporation at higher operating temperatures.
Add an oil cooler into the equation (other than the stock interwarmer) to get stable oil temperatures and the tower starts to look like a hangover from another age.
Our old friend the Subaru EJ22 has no such thing, just a chamber in the crankcase behind the flywheel that ventilates the engine - along with two rocker box vents - and all three combine at a compact PCV that then connects direct to the inlet plenum. I think this is the earlier EA pushrod engine:

PCV valve to the right of the blue throttle pot:

The chamber is the long cover on the right hand side of the pic on an EJ:

I ask all this because I think I will have to delete the tower on an engine I am playing with on the bench; I am running out of space for all the fun stuff...