Pluto,
I've spoken to Howard and I've also done a bit of research myself on the BOV / secondary air system. Here are the results:
Howard's car ran with the BOV (right way round) venting into the secondary air system. The problem with doing this is that the secondary air valve only opens after v. hard driving (flat out acceleration for 3 secs and engine still above 4,000 rpm) and so if the engine is not in this state when the BOV opens, the secondary air valve will remain closed and the excess boost pressure will go back down to the compressor, spin it in reverse which causes it to stall. This will also cause problems with a reverse flow of air through the airflow meter.
One possible solution to this is to link the BOV in with the secondary air valve so that they both open together. This would then vent the excess air to the exhaust manifold via the secondary air line and the ECU would adjust the fuel and timing to allow detonation in the exhaust manifold, thus providing the gas flow to keep the turbo spinning between gear changes and reducing the lag. This also has the potential to produce nice flames from the exhaust
This is how I believe that the secondary air system works but HH6 can correct me if I'm wrong http://www.ltregister.f9.co.uk/graphics/happy1.gif border|EQU| 0 align|EQU| absmiddle >
As for turning around the BOV there has been plenty written on this subject on here and I'm sure you can go back and read it all, but all I would say that I wouldn't do it because a. the BOV wil no longer vent the excess boost pressure from the turbo and this will result in b. eventual damage to the turbo because that is what a BOV is there to stop in the first place.
Hope this helps
Andy