I finally got my electronic dump valve idea fabricated and installed. Here's a few pics of it as I explain:
The silver piping on the right side is a 3" elbow pipe fabricated to bolt onto the stock o2 housing. It's welded to a 3" Y-pipe which is welded to taper down to the stock downpipe at one end, and on the other end is connected to an electronic butterfly valve which is powered by a torque motor. Wires are run from the motor through the engine bay and into the car itself, where a 2-way switch is placed and hidden.
Open vs Closed Results:
The turbo lag is decreased dramatically. I will do some testing on exact rpm#'s later on when I find a safe road to do so. Boost comes on hard and strong, almost immediately once it starts to spool... unlike before where you can feel the boost gradually generate. I go through the first 3 gears extremely fast compared to before. It's a night and day difference between open and closed. When closed, the car drives and SOUNDS just like it did before, completely stock. No exhaust leak, no sign or hint of the electronic dump valve.
Downsides... it may be far FAR too loud for some of you people when open... but then again, having the option to close it deletes this problem. If you idle at one spot for over a minute, the fumes might start to engulf you. The idle sometimes likes to dip low and almost die as well.
I am dyno'n this Saturday and I'll have results of open vs closed for everyone on Sunday posted. Here is a video of I made of the comparison (small video):
Video Demonstration
(left click to stream it, right click and save as to save the video)
*Special thanks to E-E Motorsports for their fabrication, welding, and all their help!*