I have noticed that recently I have had an unusual amount of oil coming out of my breather. What could cause this? Bad PCV vlave maybe? Let me know what ya think.

Blow by?

Could be blow-by, could be a stuck/worn pcv valve. Does the valve cover with the breather have baffles? Even if it does, the foam (or whatever) in the breather itself can get soaked with oily residue and start to drip out. I use breathers that you can clean (like K & N) or ones that you can unscrew and squeeze out the foam element.

Mike