External wastegates offer a much greater potential to bypass exhaust gases than your average internal wastegate. Boost creep is caused by the inability to bypass enough, on a CT9 this is primarily caused by the small internal gate and pressure differences caused by a larger diameter exhaust.
An external wastegate left to its own devices will very accurately self regulate to the rating of the spring installed. You can use conventional manual bleed, ball and spring or electronic solenoid based systems to then raise this boost level by manipulating the pressure seen by the wastegate.
To limit a turbo to 10 psi, you're going to end up bypassing a significant portion of the exhaust energy that could be used to drive it, in an external/screamer scenario this exhaust is dumped unmuffled and is fairly loud. At high boost, you are bypassing less of the exhaust energy, putting more through the turbo. The counter-intuitive thing is that the higher the boost, the less noise you're going to get from your screamer.
People often go to a bigger wastegate when they're running bigger power, this is actually pointless.. the situation that really calls for larger wastegates is when you're trying to run low boost.