I have a scan gauge 2 with water temp always on the display, it's usually well within check so I know that system is golden. If I had to guess I'd say the oil cooling has something to do with it. Could probably invest in a larger oil cooler. When Mark and I were tuning the car many moons ago we worked pretty closely on smoke and EGTs. I do have a front mount intercooler and my IATs are always around 10* above ambient. I only get smoke either when the turbo lags, or at WOT above 3k rpm, maybe a little higher even, even then it's more of a haze. More smoke when it's above 20* ambient.
Edit, it's hard to say for sure for EGTs but flat land Alberta come about half way through 4th on a solid pull I'm sweating 1450 or so. Come 5th I usually have to let off before 2500. Driving through the mountains, best examples being the hill out of Kamloops, or opposite out of Merritt I really have to tone it down. Keep the air flowing in lower gears.