Nice try but no.
there is this pedal inside the car, usually its located around the right foot area.
what you do is press it as lightly as possible to achieve the particular speed you are after, and your fuel consumption will miraculously improve!
My theory is that if you are not creating boost you are sucking in less air to the engine. The MAF will realise this and put less fuel into the engine for a given postion on the throttle position sensor. thus acting like a none turbo car. giving better fuel economy.
This will be able to be switched in and out as and when you want it.
I have some pics of our turbos showing wastegate size, placement, and generaral orientation, but they are at work so i can post the up on monday if you like.
When the ECU senses that you are not getting the boost it will try to compensate but its skills of how to compensate are limited.....