In order for cam/crank timing to reduce boost level, it'd have to jump enough that it'd
clearly be off and it'd be down on power and boost because the engine's generally running like crap.
I doubt it's possible to cause a loss of HP like that without being anything but 'smooth' in HP delivery. Has gas mileage been affected at all? Have you done a compression test?
I doubt the ECU swap will change anything, as most ECU/capacitor failures cause weird running problems in every running condition, not simply a loss of HP or boost.
If you've ruled out boost control, boost leaks, various stock twin VSV's and all that fun stuff - there's a lot of "fun" stuff, like the rear turbo WG flapper, the pre-spool valve, and a few other things. Basically you'll want to inspect everything that can leak exhaust internally past the turbos. I'd especially focus on this if it seems laggier than usual, as that's a common side effect of a wastegate that isn't fully closing or a similar malfunction.
Otherwise it's pointing at turbos, sadly. Being in high elevation like our locales requires those CHRA's to spin significantly faster to make the same boost level, and turbos can develop CHRA wear or other issues without instantly causing an oil-smoke sort of situation.
As for hiring, I have a discount for Colorado-based owners of white-glove-worthy 98 QS cars that have bought be beers in Vegas;
So the total cost is
(cash register noises) uh, I dunno, a couple more beers?

🍺