I love you guys.
You've got a lot more factors at play, than just the psi you are seeing on your gauge.
Everything else equal, 10psi from a T66 is going to create more power than 10psi on a CT26, because the 10psi from the T66 is more efficiently compressed. When you compress air, you heat it up. The efficiency of your turbo is a measure of how much more it heats it up than necessary. A CT26 is NOT efficient over about 13psi. It heats up the air to insane temps.
The T66, on the other hand is barely working to compress the air @ 13psi - so your temps are not increasing much over what the Ideal Gas Laws state it should.
Hot air = less dense. Cold air = more dense. The denser the air, the more power you make per volume of air. That's why we run intercoolers, as well.
Now that's just turbo sizing!
Suppose we now take two cars - one a T66 on a log manifold, stock everything else, and run 10psi.
Car #2 has one of Ron's FFIM and tubular header, as well as a set of those 272 cams. Still 10psi.
Car #2 is going to make a little more power than car #1. Possibly in the order of 20-30rwhp, but I would not expect much, at this low volume of airflow.
Now take both cars, and run 20psi. Car #2 is now going to make a LOT more power than Car #1 - why? Airflow. Car #1 is making 20psi, but the air is having to fight its way into the engine, and back out.
Car #2, on the other hand, is having no such problems - the air is easily entering the engine, flowing through it, and leaving the engine. That also means that T66 is being much more efficiently utilized
To specifically answer your questions -
#1) Yes, the T66 is flowing more MASS of air, due to higher density (colder air charge)
#2) The compressor sizing is actually a slightly different part of this equation, due to what I wrote up above - You've got to take into account how dense your air is, and then how well it will flow through the engine. 2 seperate things, working together for more power
#3) The turbine wheel is the exhaust wheel - don't get that confused with the compressor wheel
A larger exhaust wheel allows more air to exit the engine, easier.
Turbine sizing is ALWAYS a trade off between maximizing power, and minimizing lag.