Hmm. This can go many ways. I will say a few things:
1) How bad were the cylinders before the hone? I've seen these AHU blocks, and they hold up surprisingly well when run on synthetic. I've got the head off an AHU with 114k on it (similar to yours), and the walls look like factory with the original cross-hatching still clearly visible. If the motor was running before, chances are the rings weren't that bad.
Also, the crankcase pressure you descibe is not that bad, and since there is not a ton of white smoke while running, then the oil scraper rings probably seated properly. I'd do the compression test. You can get cheapy compression testers from Harbor Freight tools or on ebay. That will tell you the condition of the ring seating.
The oil consumption is quite high for that motor. You should see something on the order of about 1/2-1 qt every 10k if you're running synthetic.
2) The turbo setup you have may be an issue. The K03 is a good mate from what I understand: giving good boost at low RPMs. But the modifications may have sent you backwards a bit. Obviously, a boost gauge would help if you don't already have one.
3) What gears do you have in your transmission? Was this a gasser with a diesel conversion, or a 1.6D to 1.9 TDI conversion? Finding the right transmission match is key to unlocking the power of the diesel motor. Too low a final drive and you're at a loss for torque, too high and you're taching out at low speeds. Check and see what others are running for gear spreads and final drive anc compare with what you've got.
4) Is this a full TDI conversion (all electronics), or an M-TDI conversion (little to no electronics)? Not sure if you mentioned that (I'm not up on all the TDI upgrade lingo yet). If it's full TDI, then you can monitor basic engine parameters with your VAG-COM to see what its doing under certain conditions. There are several tests you can run that will help you diagnose it's lack of power.
If it's an M-TDI, then the problem lies in the compression, the turbo or the injection.
In all, I'd look to the compression first.
Just out of curiosity, what condition was the motor when you got it? Running motor? Overheat? Basket-case? Accident?