Yes. The boost controller is going to be hooked up to the Omex so that it can be changed while driving. The boost controller is going to be controlling the boost and the ECU will adjust the fueling and ignition accordingly. The plan is to have a couple of "presets" so that it runs less boost in first and second then full boost in the other 3 gears, or can be turned down for fuel economy on long journeys or when racing Corsa's
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I don't know about the boost dropping off, but even if it does that doesn't mean the car can't make more power further up the rev band. As I understand it, boost is a measure of how much air is being forced into the engine above normal atmospheric pressure. The boost dropping off could just mean that the engine is being more efficient (or something like that). I could be wrong though so someone who's better positioned to comment should probably answer.