what about clipping turbine wheel. I used to have a import gasser that you could order a clipped turbine wheel for the new turbo for faster spool up. It was just a 10* or 15* machining of the exit side of the turbine wheel.
Clipping a turbine wheel ia a way to give a bit less restriction/backpressure through the turbine side at high RPM's. It will not neccesarily spool up faster, actually since you have more area for the exhaust gas to bypass the turbine wheel it may spool a bit slower. The only effect on spool time would be from the fact that you have removed some metal and therefore have less rotating mass, hence it is easier for it to begin spinning.
As to Mel's comment, it works, but I would only recommend nicking your blades if you plan on having the wheel balanced before you use it.