These trucks will run 1450-1500 degrees in stock form. As long as you are not doing it for hours Cummins back channel communications say it is fine. Whatever they will run stock is fine.
The EGT your reading is a bit misleading because it is skewed towards emissions which holds higher EGT's than previous years. For the most part, this is accomplished thru the cam and timing. While the temps you see in the exhaust manifold may sems high the actual dewll time in the cylinder is short and the peak pressures lower. Less dwell time in the cylinder translates to less heat soak and less chance of piston or valve problems. Your observed EGT's are not neccessarily a bad thing in this case.
Water\meth injection has some benfits and some people think it is the best hting since sliced bread. In reality, it is not that great nor without problems. Methanol burns and will add power\heat. The water slows down the combustion process to regulate heat. Neither is really a "control" to high EGT's. The reality is under hard throttle and heavy loads the cylinder pressures likely rise beyond stock while showing slightly lower EGT's. It is has its uses but its not a silver bullet for EGT's at all.
The question of whether you will recover any power is moot until you use it all. For the most part, you will seldom see the load percentage go beyond 60-65% unless it is being hammered. That is all the potential power it really takes to do the job in most cases. The engine itself may be capable of 325 HP but that is 100% load at rated rpms. You just never see that in daily use. More likely the average usage is in the 45-55% range for towing and well under 20% empty. Gauges that show load numbers are interesting and can be usefull at times if you understand that 100% is not really the top number. For all intents, if you could get it read 100% it would be power available not extra power.
From your description you really don't need to do anymore if you are happy with how the truck runs. A different turbo that will match stock spool and driveability is not cheap. Water\meth has its cons. Drive it and don't worry too much, I think it is performing well within acceptable parameters.
If you are not happy with the power, then, all I can is it is a slippery slippery slope from here out.
