JyRO,
Just recently went down the same road you are traveling now. Wanted to add more horsepower/torque, but wasn't sure how much.
First, and most important, was maintaining my fuel mileage. Second, the ability to maintain/control EGTs while I tow (especially in the altitude I live in, 7K+ feet) with stock turbo (HX-35).
I did a lot of research (right here on TDR) on aftermarket parts available and decided on the following:
1. AFE air intake and 4" exhaust to decrease EGTs and allow quicker spool-up of turbo.
2. EDM 1. 5s to develop more horsepower while maximizing fuel economy (when compared to other aftermarket injectors... so I'm told) and decreased smoke.
3. Diesel Dynamics TTPM. Right now, the box is set on position 1 (timing only). If set any higher, I was able to slip the clutch and had waaaay to much smoke... took 12+ pounds of boost to start clearing up.
4. Bigger fuel lines from tank to injection pump to prevent back pressure, thereby increasing fuel pressure throughout rpm range when accelerating.
This setup has allowed me to tow (approx 7K pounds), regularly, without any EGT problems over 10K foot elevation.
My fuel economy is still the same before starting to modify my truck... 20+ miles to the gallon (straight #2, not blended). I have a lot more power than I use to... puts a smile on your face when accelerating hard. Can't believe how quick I can go from 70 to 90 mph now.
Although fun to play, I have come to realize that I have more horsepower/torque than I need when not towing. I have to be careful not to get any tickets, insurance rates are high enough as is. Plan to dyno my truck this weekend. Based on other similar setups, I expect to see 340-350 RWHP.
For me, the horsepower/torque I have now is perfect. I accomplished what I was after, to have usable power/torque without decreasing fuel economy and having to change to another turbo/turbine.
Good luck in your quest, just keep in mind your goal.
Dwayne