I see said the Blind Man!!! Although rare, sounds like a possible vehicle fire or a bunker buster ready to explode in a very warm engine compartment if the splash cap erupts under pressure. On my original vapor canister the bottom vent is attached to a very long hose exiting toward the rear of the vehicle away from the exhaust tubes. I say "original" because I'm the original owner and never had previous issues with the canister. Looks like I'll be extending that hose to the splash cap barbed fresh air tube. Thanx guys for the schematic and your installation expertise.
The splash cap is just that...it doesn't restrict airflow. Now that the question of fuel buildup in the canister has come up, it seems like it's main purpose may be to deflect any fuel purged from the air tube downward instead of in whatever direction the air tube happens to be pointing.
My original also just vented into the frame, not far from where the canister was located.