Call me old school but I think these new one way vented caps may not be a substitute for a properly isolated and vented compartment. Don't know enough about their efficacy, reliability and anticipated useful life to feel comfortable with doing away with proper vents. Perhaps in the future. Don't get me wrong they are an improvement over the current vented caps and should enhance safety to all currently in use tank holding compartments.
at one time I felt the same way and would have agreed with you, but that has changed.
here is what I know about them thru experience..... if the cap is functioning correctly, you can have a tank of gas setting in the hot sun for hours with the cap screwed on snug, and the tank will expand and become round like a beach ball....there is no exaggeration here. the tank actually got so round it rolled over on flat concrete, with the cap and hose resting on the ground.... without leaking. (I was running a large outboard on an engine stand outside and left the tank set out near it)
I dont know what would fail first, the tank bursting, the lid blowing off the tank, or the vent rupturing, but it does NOT allow vapors out with even a little bit of abuse.
if one needs to, the cap can be loosened on the tank a quarter turn to prevent the beach ball effect, and still act like an old fashioned "open to atmosphere" vented cap, but it defeats the purpose of the EPA/CARB venting system, and is not intended to be used in this manner.
(this is how I have mine at this time so it doesnt have to withstand the sun/pressure test again)
I have had the new caps on the tanks in my 25 for a little over 2 years, and they work great.. never an escaping fume.
they WILL easily allow air in as the fuel gets used, but not out.... no more gasoline smells when it gets agitated, or the sun hits the tank.
because of this pressure differential, when one goes to switch hoses to the 2nd/reserve tank, one has to loosen the cap first to depressurize the tank, or you WILL get a spray of fuel when you try to connect to the new tank...
on the boat I am currently working on, I am have installed the "sprayless" quick change fittings, and hopefully it makes a difference.
AND, when you grab a full tank to carry it to or from the boat, there is no worry to close the vent to keep it from leaking out the cap.... it just doesnt.
it actually is a good dependable product at this time....