Here goes then, a little research and experience by myself. Apologies for the essay

...(instead of me writing it all over again, Ive stole it off the guy...

with his few pence worth added too)
...the wastegate is operated by the turbo itself. The boost the turbo produces is directly fed to its own wastegate. What does this mean? When the turbo spools up, it will create boost and this boost will open its own wastegate, shutting itself automatically down.
But where's boost control? And wheres ECU?
Here comes the N75 valve. The N75 valve is inserted between the turbo's high pressure output and the wastegate. If the turbo would directly linked to the wastegate, it would not be able to produce lets say more than 0.3-0.4 bar of boost, because it would shut itself down immediately. When the ECU wants more boost (because you are stepping on it for example), it vents some air from this loop (turbo--->wastegate) so the wastegate will not open at all, or will open later.
The N75 has got 1 boost input, and 2 outputs. At the input, boost is entering into the N75 and exits on one of the outputs going to the wastegate. When N75 is closed (default state), all the boost goes to the wastegate. When ECU opens the N75 valve (because it has got an electrical plug too coming from ECU), so when ECU opens it, some of this boost (which would operate the wastegate) is leaving/leaking back to the inlet (and not opening wastegate). Since the N75 valve has NO state in between, it is opened or closed.
The ECU switches it ON/OFF all the time (several times a second) to generate the desired amount of boost. Doesn't it reminds you to something???? ... Yeah, it's surging. But it is absolutely normal, this is how ECU controls the wastegate. When a car is chipped, the boost is a LOT higher than it is designed to operate on, so this kind of boost control will be noticable.
By adjusting the N75 valve, you can adjust the amount of air which should leave when the N75 is opened. If you adjust the N75 to the right, you will "close" the N75 valve, so just a few amounts of air is vented from the wastegate which will result in a lot smoother drive (eliminating surging, because the boost will be more constant), BUT at the same time it will introduce more boost to the wastegate, causing LESS overall boost. Adjusting the N75 valve to the left will "open" it, enabling more air to escape from the wastegate when N75 is opened, which will result in more boost (because wastegate wont open), BUT at the same time it MAY cause surging as the N75 opening/closing will be more obvious.
S4 Twiggy - just advice mate, if you do uprate your DV's then defo dont go with Baileys as the few I know who had baileys went back to the 710N DV's as the baileys were pretty ***** for them. Dont know why, just repeating what ive heard from a few S4 owners!!!:icon_thumright: