I think I had better jump in here and help out poor ole Bob.
What is "porting and polishing"? It is an effort to make (in this case) the exhaust manifold flow more air than it could in unaltered form. Thus reducing back pressure and the heat generated by that back pressure. The exhaust housing is ported to match the manifold and to encourage a ventury effect in the entrance to the turbo itself. Remember, engines don't breathe air in a continous manor, they breathe in pulses. And these pulses have high and low pressure areas leading and following them. As they are traveling down the manifold they are cooling and increasing in mass. Making these pulses "blend" with one another and with less effort is what this is all about.
Notice I used the term "breathe" in reference to the exhaust. Well, the exhaust must Breathe just as the intake does or we are all in trouble. You keep throwing all that fuel into a motor and forget the simple things like an exhaust manifold and all you are going to do is make a nuclear reactor with no cooling under your hood.
Porting can be nothing more than simply polishing a surface. But in this case it refers to the reshaping of the inner workings of the components themselfs. This in itself does not make much power, but it does make more tourque and cools everything off. Plus you will find quicker spool-up of the turbo and a flater HP and TQ curve.
And like what was said earlier, think in the lines of water. Gasses have mass. And mass is heavy. You are trying to steer that mass and make it go where you want it to.
How long does it take? For me, being a perfectionist, it takes about 4 hours to do a manifold and housing. And that is with the proper tools.
Head porting, mine's not done yet, but soon,, very soon.
Intake system, yes, do the air horn, intercooler, compressor housing to elbow. Any back pressure here will make the turbo work harder trying to push the air charge to the engine.
Dave