As for the cdr and loss of oil, a lot of people opt to vent to the road instead of back into the intake to lessen oil consumption. How much oil do you have to add due to the blowby pushing oil through the intake? Changing the cdr will not in any way help with coolant loss. It's job is to remove excess pressure from the crankcase by burning off the oil fumes through the engine. Does it blow out your dipstick tube hard while engine is running if you pull out the dipstick? If so then you could say you have bad blowby (there is an actual pressure level it i can't remember it right now) If not no worries. This really isn't a concearn wih the water loss, just an indicator of a tired engine.
Autozone and some other parts stores have a tool loan program where you pay for the tool, take it home& use it. Then return for a full refund. You need to get a pressure tester and pump the system up and watch for the leak.
There is a better system out there that uses shop air and pulls the system into a vacuum, then with a hose it sucks coolant back into the system eliminating any air in the system. While it is in a vacuum state, if there are any leaks the vacuum gauge will fall and you can here it sucking air where the leak is. I can't remember name of the thing at the moment, but they are pricey and no-one I know of rents those out.
Sorry about the air bleed confusion, I forgot the trucks are pre-tstat. My hummer is on top of the tstat.
My memory is in the toilet this week from pain killers- bad day to not have on steel toes on last friday and a plate of steel tried chopping off my big toe when a plate clamp failed.