I just want to throw in a comment about water/meth injection as I am asking the exact same question as GCULP. At May Madness, a couple of weeks ago, I spent a good half hour talking with the rep from Snow Performance. I'm very impressed with the quality and engineering of their kit (Stage 3). The price of their kit, possibly even with some upgrades, like a larger tank, is still cheaper than a hybrid turbo. What's more, his estimate on cooling was as much 200 degrees EGT reduction, compared to maybe 100 degrees with a hybrid turbo, plus as much as 75 HP increase, again, more than a turbo.
All this performance and less money too, why didn't I buy it for the show discount price? In a word - complexity. With a water/meth injection
system, you need: fluid storage container, hoses, pump, nozzles, controller, boost connection, pyrometer connections, controller, power, switches, and assorted wiring. And then there's the fluid, without which, the system is useless. With a turbo, you need: turbo. There are a lot fewer points of failure and it's always there.
I'm not knocking water/meth systems, they are a great performance value, and I certainly do admire the Snow Performance system. But I have to ask myself, do I want all this complexity? After considerable thought, this type of system is not for me. Does that mean I'm ready to buy a hybrid turbo? Not quite. Whoever coined the term "hybrid turbo" was smart, because if they called it a "compromise turbo", I'm afraid it would enjoy no popularity at all. Now my choice seems to be between finding an HX35/40 compromise turbo for the sake of keeping my Jacobs exhaust brake, or spending 3 times as much for a performance turbo and an inline brake.
... Is it too late to do it right the first time ?
Oh well, I enjoy agonizing over this topic
Neil