Seems to be lacking power...help

[racer 13x]

Just about got my 2.3t swapped coupe done so took out for little drive and seems to have almost no power, i mean the turbo coupe was better then this. the gauge shows 10 pounds boost yet seems to flat line on power if its mashed but if you ease into it goes ok, and after the lil trip i notice some smoke and when i got back into garage sounded like my mufflers were on fire, sizzling and cracking, they are brand new as is whole exhaust. oh i swapped out distribiter from stock motor because the module on side was bad or getting bad. So if anyone can help me with any ideas it would be great! thanks

 

[Dr_EluSivE]

Double check the timing, sounds like it might be off. Check Cam timing as well

Dr.