I have done some research on this issue (well, not an issue.. :P) There were two engines. The first one was the Twin Turbo you mention, he sold that engine for 125000 NOK and replaced it with a single-turbo (!) S70 engine. The numbers you are thinking of is from that last engine huldra, at 1.2 bar if i recall he managed the numbers you mention. In the first engine he used the stock auto without an issue..!
EDIT: At the exterior picture there the single-turbo engine is installed. I'll find some more pics.
Here:
9 pages with picture in his Photobucket album: http://smg.photobucket.com/alb…%20turbo%20motor/?start=0
The entire 550 album, with several subfolders on the right side: http://smg.photobucket.com/alb…30big/550%20twin%20turbo/
I have been looking into turboing my own 8, and his work (the TT that is) is very inspirational.