Dang, I got into this post too late!
RRausch is right on. Boost is a measure of RESISTANCE to intake flow versus the air that's TRYING To flow.
For example, if the turbo compressor is pumping 300cfm (at atmospheric pressure) into the engine, but the engine is taking in all 300cfm, you won't see any boost.
But if if the turbo's putting out 600cfm, and the engine can only handle 300cfm, then the pressure goes up. So instead of 300cfm @14. 7psia, you'll have 300cfm @ 29. 4psia, or about 15psi of "boost".
Now if you increase the amount of air that the intake system can flow via head porting, cam, or the like, you'll see a DECREASE in boost levels even though the engine is flowing more air.
So think of boost as a ratio (like Robert said) of air TRYING to flow into the engine (from the turbo) vs airflow that's ACTUALLY flowing into the engine.
If the engine can only flow x amount of cfm, then we can stuff more air into the engine at that given cfm by raising the pressure.
There's also a certain loss of efficiency as pressure is raised. If you double the pressure, you don't *quite* get double the airflow. They higher you raise boost, the less efficient it becomes.
I second the comments about a boost leak-- you should have more than 20psi easily, with a box and injectors.
I usually check for leaks by pressurizing with an air compressor, then using soapy water to see if there are leaks.
Justin