"I certainly don't see any advantage in insultating the exhaust system once you are past the turbocharger."
If the downpipe is wrap with insulator, the downpipe traps that heat from the exhaust gas in the downpipe, the hotter the exhaust gas the faster it moves, so the faster u can get that gas out the faster the spool and the better the power. Same reason they wrap the Exhaust Manifold, to increase exhaust flow. But most guys just opt for a bigger exhaust, because on turbo charged cars, the best exhuast is no exhaust, or the bigger the better, unlike NA cars.
"Okay, I'll bite. How is it possible to load an engine to it's "full extent" if it's not connected to a load (ie, in neutral)? "
Well to my knowledge its not possible to load an engine to its full extent in neutral, but if your peak boost is set to 20psi, and u hold it at rev limiter you can still build 8,10, or even higher psi, which makes for one hell of a launch. Also many guys use a small shot of nitrous to load the engine and create more exhaust and to spool the turbo further before a launch.
"when you work the clutch in a corner as you said you are only producing rotation in the turbo, keeping the vanes moving fast, this has the effect of reducing the period of time or turbo lag that it takes to produce boost when the engine starts to work again. I still say that a turbo cant boost unless it is working, on idle there can be no boost only rotation of the vanes. The boost guage will show no boost present when in this state. But will rapidly develop boost when throttle is applied as the rotor has been spinning at a higher speed than what it would have normally.
Boost is only a function of the thermodynamics of the engine."
Most guys either use the heel toe shift technique to keep RPM's so there's less turbine inertia. Or a two stage rev limiter, so they can use the "no lift to shift" technique, they just keep the throttle pedal to the floor at all times. Or in old school F1 racing, they put another injector into the exhaust mani or directly into the turbine housing, and when the clutch was depressed the injector would shoot fuel in the turbine, igniting the fuel and causing the turbo to prespool before the next gear was selected. And even at idle, 750rpms the fins of a large turbine housing will be spinning rather slowly, if you hold the engine at rev limiter or close to it, your not producing a load like driving the car would, but you're still creating more exhaust gas than at idle and the gas is moving faster. So you can pre spool the turbo, but you are limited to what PSI you can boost to.