So to update, yes the valve I purchased from Mikes is the new type with a 45 degree hose fittings. Holland norton works has photos showing the valve installed near the top of the oil tank. It looks pretty tight in there to me.
I'm contemplating trying to mount it on the battery tray since I no longer use it for the air filter box. Of course one of the problems now with the new style is that the hose fittings are 3/8 inch instead of half inch so I'll have to noodle about that for a while. Also thinking about mounting it vertically in the battery compartment but I still have to deal with the different hose sizes.
At least these bikes keep our troubleshooting skills finely honed.