As I continue to explore my Boxster, I found that the PS reservoir was a bit low in fluid.  After buying $25 worth of fluid, I added a couple ounces and now it is up on the dipstick at least.
While doing I this, I noticed the following:
 
See the small hose coming from the top of the power steering reservoir?  It looks like a vent line of some sort.  I can't find where it might connect to.  Is it supposed to be just up in the air like that?  It ends above the level of the reservoir.
Thanks for any help.  I guess I need to buy the Bentley book.