That dosnt help at all.
If you have a larger turbo and pump the boost falling away isnt right and could be cause by a number of things.
If it is a smaller turbo that works in the low rpm, then yes, it will fall over in the higher rpm,
A bit of smoke off boost is normal, you need fuel to make heat, heat to make exhaust gas velocity, velocity to make boost,
Too much smoke isn't right and could be tune related, amongst other things