No, what I meant when...
I wrote:There is supposed to be a rubber vent cap on the top of it as well
... was just push a small piece of swiss cheese in there
It was certainly rubber and given to me by Merlin who I assume already had an identical one on both his 5th and 4th gen.
I can't recall exactly how it was constructed, but inside was definitely more involved than a basic cap.
Out of interest, what would happen if the gearbox couldn't breathe? I imagine it's purely to do with expansion of gases due to heat?