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Originally Posted by
LT1roadmaster
I would have guessed boost leak, as well, but you say boost is staying steady. Actually joined the forum to say this: it may be the plugs.
My turbo cars have occasionally had the plugs erode enough where they couldn't ignite the dense air fuel mixture under high boost. It is a terrible shock to the whole system when this happens.. I spent a ton of time trying to figure this out in the past; with any luck, you have the same issue.
Lesson learned, and frequently forgotten by me.. start with the maintenance stuff and make sure the basics are covered.