In my case, using the 318 of the OP, the first one is a better choice. Why? because of the different pressure ratio created by higher altitude, that i live at.
Even thought the turbo is often called a altitude compensater it still will affect your choice on a turbo.
If you input 11.8 (average air pressure were i live) in place of the standard 14.696. you will see that it changes the maps. Causes the GT4508R to be running close to the 72% line and never make it into the sweet spot. Were as the GT4292R comes up the 78% line and then runs straight across the sweet spot or best afficany(sp) line.
THANKS for the link MD, been having a lot of fun mixing it all up :coffee2:
http://www.squirrelpf.com/turbocalc/