Well there are some cons to a PCV system, Oil blow by decreases the octane rating of gasoline, can pool up in your intake manifold, gunk up throttle body's, probably attribute to carbon buildup on valves and piston tops. On performance engines I would defiantly recommend a catch can to lesson the amount of oil vapour going through your engine
I am just venting both my valve covers to atmosphere till I get a system set up, my engine is not smelly sitting in traffic at an idle. I also am running catalytic converter. To all the guys crying environment air quality as a main reason for a pcv system, well, I hope you have catalytic converters on your cars.
I do intend to set up a system on my car, It will be used only under vacuum though and with a catch can. When my manifold pressure drops and I go into boost I will vent to atmosphere. I don't want to run lines all the way to the intake side of my turbos to evacuate gasses under boost, plus on other turbo cars I have had, they collect engine oil in the inter-cooler from the pcv system.
Honestly though, I'm not to worried about carbon buildup, or reduced octane, I'm running water injection so that keeps my piston tops clean. Just a little lazy on setting up a system and I have enough hoses running around already. I just need to get on it I guess.