Possible turbo fail (video)

[BrokeVWOwner]

At 0:35 the light hissing. Could it be the turbo?
http://www.youtube.com/watch?v=xP-Mc8tZY44

AND FOR SOME REASON THIS DOSENT DISAPREAR
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[Seatman]

Sounds like a boost pipe puffing, are you sure there's not one leaking a bit?