rush posting before work lol.
The issue is when you open the oil cap - there is a lot of air coming out (I read that this is called blow-by - and normal on most older cars).
The amount of air that was coming out, I assumed this wasnt normal, and researched and said it could be things from a PCV valve/worn rings/blown head gasket.
Car is in no state to drive to get a compression test done (nor am I going start jumping to worst case scenario), so was testing all i could - a PCV valve....but having a good look at my motor - all it seems to have is just a nipple with a hose going to the intake...unless i am wrong and am overlooking something (Highly Possible)
As you can tell, I dont know much about motors - and even less about MR2's