Well, the intake rails on the PSD are sealed to the heads using silicone. This in itself is not a bad thing, but when it is combined with the hot, oily mist from the crankcase blowby, the silicone begins to break down. Lots of oil residue is a good indication that they are leaking, robbing you of some performance. I have pulled the intake rails off at 100K+ miles, and the silicone is still tacky--it never had a chance to cure. The remedy for leaking rails is to re-seal them, and they re-route the crankcase breather OUTSIDE of the turbo inlet. Just dump it onto the ground like on a Cummins.
Exhaust manifolds, donut gaskets. and the Y-pipe are also theives of performace. I see a lot of them with broken manifold bolts, and then a leak develops. THe manifold heats up, and then shrinks during cooldown, causing stress on the bolts. Exhaust leaks out, causing a drop in turbo drive pressure/volume, which means lowered perfromance due to lack of boost. Same goes for the donut gaskets between the manifolds and the Y-pipe. They leak and rob performance too. About half the time the Y-pipe has to be replaced dues to cracking at the turbo flange. I have found that using high-temp RTV on the dount gaskets wards off leaks, and makes them last much longer.
Sometimes, the pipes between the manifolds and Y-pipe are not installed properly from the factory. I have seen the ends of them all dented up and leaking severely. This is pretty common on the 96-97 PSD's. So check yours out for black soot marks on the gaskets, and check out the manifolds for broken bolts abd leaks.
A lot of fellas don't know about cleaning the FP regulator screen. It's amazing what gets caught in there. The 99+ PSD's use a different FP regulator, and they rarely clog up because the return fuel is filtered--on 94-97's the return fuel was not filtered.
Fuel hoses are also a problem with the 94-97 PSD's. The ends on them crack, and leak. Air can get in when the truck is not running, causing hard starting. Similar to the fuel hose problem on the 94-96 Cummins.