I thought with modern engines you don't need to let it idle? I mean is there a comparison between a person who has never done this vs someone who has and comparing how much longer the turbo lasts? My question is then how much longer will my turbo last doing the procedure you all are talking about because I don't ever remember reading in my owners manual about turbo cooling off periods.
I never bothered with it until I installed my first chip/EGT. With the Banks installed, I would let it idle until the EGT dropped below 300*, I prefer 275*. Don't ask me why I picked that, I just ended up doing it that way. That was the last 30k miles of 140k miles. Before that, I just never paid any attention.
At 140k, the HTT went in, and I am watching that closely because it is not water cooled like the IHI.
When I took a quick look at the IHI after it came out, there was a LOT of end play in the turbine shaft (never measured, but sure feels like it is moving back and forth axially more than it should). The truck was bone stock to about 110k miles, then the Banks 6-Gun went on, then 22k miles later EFILive went in with a mod II CP3. I have been thrashing the turbo for the last 30k.
I do not know if this helps, but I ended up doing both, ignoring the issue, then really watching my EGT prior to shutting down. The lowest my EGT ever gets is about 250*, and that is at about 0*F ambient. In the summer, I am lucky to get it below about 290*F with 65*-70* ambient.