Thanks for the tips!

It seems that MCRider's hit the head of the nail here.
On my bike, one of the PO's have mixed up the breathing systems a bit. The crankcase vent nipple is connected to the drain hose from the small breather box next to the oil tank! It all looks natural, until I just found a small diagram in the K8-manual that I downloaded via this forum a while ago. (Great service, invaluable help!!!)
So now I've got some hose rerouting to do.....
The only thing I wonder about now, is that I can't remember any breather knob on top of the oil tank....
BTW, one of the tubes from the breather box is meant to be connected to the air filter box. On my box, there's no place to connect it! I got the filter box from the states via eBay, as a PO had installed pod filters. (That now resides at the city garbage dump somewhere......

)
Experience gained from working on this bike tells me that it's a kinda mix'n match of many different bikes though, so I guess it's had a few "creative" previous owners......
