The breather I have now works just fine, but it doesn't have a nipple to connect it to the inlet tube on my C&L. I have heard that it is better to run a non-breather setup with a hose so as to avoid vacuum issues. Any truth to this? Basically, will having only a breather, and no hose running to the intake pipe cause any problems? It looks cleaner without a hose sticking out there. 

Under load the PVC system draws vapor laden air from the crank case into the intake stream to be burned. If one has a filtered breather cap that does not rely on the tube to draw in metered air there is a vacuum as the tube is bidrectional allowing fresh metered air to enter the crank case after the PCV draws out air from the crank case. It is important for this air to be metered as not to lean out the air\fuel ratio as the exact amount of air entering the crank case after the MAF is the same as the amount of air that went through the PCV valve. If a filtered breather is run the PCV is drawing in air from the crank case in addition to all of the metered air from the intake (none was diverted to the crank case for the 1:1 swap) so you can run lean and possible detonate. This is possible whether or not the oil filler nipple was plugged running the breather cap.