As you suggested earlier, I'd try cranking up the fueling a bit more and see how it behaves. When I was playing around with mine I found that it built boost MUCH faster with a bit more fuel.
Given that yours is a factory turbo motor it should be quite safe to run to 750*C pre-turbo for extended periods. Since you're only hitting 690*C max now you've got quite a bit to play with.
I'd give it another half a turn and then see how it goes for both for lag and max EGT.
Also, to confirm your observations - I never saw ANY smoke from yours over the weekend apart from the normal puff at startup.
Steve

