The real trick is to get a turbo that is capable of supplying the airflow you want at the psi you want, without thrashing the air to shit, stock small turbo's overspeed at higher boost levels, the resulting turbulence heats the air, and lessens the density, negating the effect of boost, a good intercooler will help with density recovery, and as we all should no by now density=power, more air means more 02, with more fuel equals more power...
If Chrisng could post his dyno sheet , I could post mine and show exactly the difference in a large turbo and good intercooler on basically the same car, at 4500 rpm his turbo starts to run out of airflow, and starts to heat the air, also his intercooler stops being an intercooler, his power starts to peak out and drop, although we have the same car, I continue on with another 110 hp for another 2000 rpm...
You can push 15 psi on a stock turbo, however you will probably make less power than you did at 10 or 12 psi, and cook your motor at the same time..
Psi does matter,but only if have a turbo that can remain above 70 percent efficiency while doing it.. My motor grenaded at 17 psi of boost, but my turbo is good to 22 psi on my motor, which incidently did not detonate upon further inspection, 1 apex seal simply folded over in the rotor groove, probably due to loose clearance than anything else..Maxt