I also have an 02 HO. I have an Edge EZ, I have freed up my exhaust by removing the resonator & stock muffler, I replaced it with a straight through Maganflow. I'm now 3" from the turbo back. I also removed the collar from the stock air cleaner box... the one that goes from the box into the fenderwell, that really freed up the breathing. I forgot to mention the first mod was gauges.
Thus far I'm very pleased. I tow a 27' Hitchhiker II 5th wheel and I have good power anywhere I go. The EGT's are controllable and not excessive.
My next mods will be injectors and a clutch. The Cummins is a great engine and it doesn't take a whole lot to wake it up. I'm still not certain on the injectors... I'm down to the Mach 1. 6's or Bosch 275's. Either injector will be a welcome addition, the 1. 6's are quite a bit more money, but also more power and better mileage. I may stick to my low budget track... we'll see.
Anyway... I tow, never did want 500 HP, just enough to go down the road happy. So far, so good!
Good luck to you,
Dan