If the engine is an easy fix, one of these might help,
as you obviously have more than enough power to give a little back.
http://www.stackltd.com/instruments_pro_control.html" onclick="window.open(this.href);return false;
hook up one of these to back off the fuel for you
and give a visual red warning before it goes critical,
or for the time being, use the RED face
at your required max boost.
and hook up the Gauge earth s/w circuit, to a warning buzzer(neg,
or maybe a relay into the fuel stop line) they switch incredibly quickly and you cant miss seeing the gauge face turn ANGREY RED, it frightens the pants off you, but better to know.
I've got the EGT gauge, expensive but effective.
What turbo you running?