When you chop the throttle real fast when your under medium to high boost te pressure backed up in your intercooler tends to rush back through your compressor housing making a huffing sound,Its your compressor wheel trying to spin backwards and it will eventually break the shaft or bend it badly.
The blow off valve relieves the pressure as soon as you let off the thottle so it doesent back up. .
I lost a HX-40 turbo that way during a burnout ,I let off too quickly!!!!!!
Theres a thread called B&D antibark valve in products and accesories. .