The OVS was an appliance used on only fuel injected cars and is still used today for those cars... They were introduced to reduce the blend of oil vapors and fuel in the combustion chambers. In theory and practice, an add-on system on a carb car would reduce emissions and reduce carbon build-up in any engine but is more critical in fuel injected engines just by the nature of the state of tune and mixing of fuel and oil in the combustion process. The oil collection process comes in two forms, either by rerouting the oil back to the oil sump as Alfa and most manufacturers do it or an after-market collection can system which requires monitoring and physically emptying it as what is the case in your car as i see it. If you are so inclined, you can remove the system from your car with no ill-effects on it. On the other hand, a failed OVS on a FI car is not something to overlook and just consider as something that will produce more air pollution as a consequence.. It is far more reaching than just greenhouse gas emissions if you value the health of your FI engine