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The cam plug would have looked like an oil well gusher as soon as you started it. Full oil pressure at the rear cam bearing.
I'm running a PCV into the left rocker cover and then a breather on the right. Originally it was hooked into the air cleaner, but with the carb I have now the tube to the air cleaner was hitting so I blocked it off and put the breather in.
At the rear corners of the pan where it goes "over" the cap, there are 2 slots the pan gasket seal fits into. A little dot of RTV there helps get the seal into place and also seals the gasket. If yours is dry, there's a good chance that's where your leak is. It does not take much to let oil seep out.
Be sure to offset the seal 3/8", use cam lube on the contact surfaces, thin finger smear of high temp RTV on the back seal seating sufaces, and make sure the end faces are dry and clean, then RTV them well, no danger that far back. Also, let the RTV cure overnight, before you start it. Hot oil and Uncured RTV probably don't mix (or perhapps they do) very well.
DWncchs,
That's what I am thinking may be happening with mine. I just got done replacing the rms using the double lip offset seal and Tim's good instructions and there is still a leak. I cleaned the area up again today, I'll check tomorrow if it is coming from the rear cam plug. The plug is sticking out of the block 1/16-1/8". The first area to get wet with MOTOR oil is inside the bellhousing.
There are some other threaded plugs in the back of the engine,and dont forget where the oil pressure line is under the dist. I've seen the oil line seep and with clean oil you cant see it until it drops off the bottom of engine.