Any engine performance is based on flow rate. If you can improve the flow, you can improve the performance.
With a turbo engine, you can indeed improve performance by increasing boost, which ultimately improves flow, though you get the side effect of additional heat. Wouldn't it be best to improve the natural flow of the engine thereby requiring less boost to get the same power and decreasing heat?
Oversized valves definitely improve performance on a NA engine so why not a turbo engine too?
I bet you have all upgraded the exhaust systems on your cars. Why? To increase flow. Why not improve it on the intake side as well.
Sure some of the guys have impressive power figures with their street cars. I'd like to see those engines perform reliably under race conditions. It is a totally different story - much harsher with a LOT more heat being generated. Decreasing heat is the most important thing to chase in a turbo race car, not power.