Pretty sure that LDA vent is on the other side of the diaphragm, just so the LDA is free to move....Some of them even have a sealed can on the atmospheric vent side as part of some altitude compensation scheme.
Correct. It can not bleed through the LDA, but it could force the boost pin down, possibly enough to close the wastegate. This would make for smoke and high EGTs when off boost though since the pump thinks it is seeing boost.
So, should I drill a tiny pin-hole in my MBC? It bugged me that it wasn't seating so I took it apart and found a small piece of something on the seat which I blew out with air. Now it seats (and seals). I'm having to re-do it anyway as the hose barbs need to be larger to accommodate the barbs on the Holset.
On another note, I had noticed this oil stain under the engine several weeks ago and cleaned it up - figuring it was from my disconnected oil feed line. It was back again and was coming from the aluminum fitting the PO had welded to the pan - a tiny crack had developed.

Here is the fitting - a tiny crack at the weld

I took it off and found that the hole in the pan was way too small for a drain line - even for the K-14. No wonder I was getting oil in my charge air!

I drilled and tapped it for 1/8" NPT and inserted a brass plug smeared with red Loctite (that's how small it was).
The three new holes to the right are for the new feed line fitting


I will use red-loctite on the two attachment bolts as well. I wish I could have removed the pan for this mod but I can't get to the screws at the transmission without pulling the engine (not gonna happen). I did remove the oil filler tube on the end of the pan and used a small vacuum tube attached to my shop vac to get out the aluminum shavings. Actually there wasn't much to vacuum out - one of the benefits of working upside down - most of the shavings fell into my eyes

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The new drain hose is 5/8" ID - Gates automatic transmission hose, single braid. FWIW, the previous #8 fittings had an ID of .38" - too small for a turbo drain line.
Anyhoo, let me know your thoughts on the air bleed for the MBC and thanks for clarifying that the LDA won't vent this pressure.