Well, what you're talking about IS the wastegate system, but I'm having a hard time following what you're asking about it. There is an actuator arm that comes out of the exhaust housing, and there is a set-bolt on the back side that is there to keep it closed (so it doesn't open) when it's not in use (which it shouldn't be in your application). What you can do to check this is to loosen the lock-nut on the set bolt and back it off and then move the actuator arm and then move the arm to the all-the-way closed position and screw the bolt back in against it, tighten it down (not TOO tight, you don't want to break the wastegate inside) and then tighten down the locknut.
I once actuated my wastegate to try and get more top end, but didn't have a strong enough spring and could only get 35 PSI boost and compared to 45 PSI boost, the power just isn't there. I don't remember what the EGT's did when I had it like this though... just that the seat-o-the-pants meter said I didn't gain anything. Kurt's story was that if I opened the wastegate and got it to run right at 40 PSI on the top end, I'd have lowered EGT's because of more airflow out the exhaust, and this would in turn create more power due to more air being able to get in.
Will take some pics of what I'm talking about tomorrow so I can explain in more detail. I'd definitely call Ken again and see what he has to say about it. Like I said before... straight to the source, go right by Kurt.....
Josh