I'm not 100% sure on what the two restrictors are for, but I have a few educated guesses. I think it is a combination of all of these.
The small PCV side restrictor:
1) Prevents too much vacuum being placed on the crank case. (The engine is a very strong air pump.)
2) Prevents too much air ingestion which would cause the idle to be aggressive. (Air coming in through the PCV valve is additional to the normal idle air.)
3) Suddenly speeds the air which aids in oil separation.
The WOT section restrictor:
1) Allows vacuum creation in the crank case. (Without this restrictor, there is no way for the engine to create any real vacuum in the crank case.)
2) Prevents too much air ingestion which would cause the idle to be aggressive. (Air coming in through the WOT section is additional to the normal idle air.)
3) Suddenly speeds the air which aids in oil separation.