the mk4 section is probably the place to be asking a question such as this, however ill try to help answer your question. I am no expert by any means, but have basic knowledge of these cars.
Did the car hold higher psi before and has recently started to drop off to 8lbs, or has it always peaked at 22lbs and dropped to 8lbs?
If its just recently started doing this i would check your diverter valve, it may be going out especially if its stock. It is not designed to hold that much pressure and will wear out quickly.
In response to your other question, some people use BOV's but i would recommend against it. The will make the car run poorly and possibly destroy other components. If you want more sound you can get an intake, or for maximum sound i believe forge (maybe someone else) makes a splitter valve that vents some pressure but also recycles some.


So i got a question ! my golf is a mk4 1.8T the ECU was upgraded ( prev Owner ) so it cranks out 22 lbs of boost qwick lil bugger but what is happining is it would spool up to 22 but it cant hold it anymore and it falls flat back down to 8lbs
the motor itself is great no probs besides the turbo issue any ideas ? i really dont want to replace the whole kit if its just a piece i need to buy .... im thinking maybe a pipe is cracked ? but witch one? 
Sadly I don't know much about turbos even though I own one.

