I have coatings on my turbo set-up. There is a heat bearer coating on the inside and out with a black ceramic coating on the outside. They claim a 20-30 deg drop in temp under the hood. The main reason I had everything coated was to keep the temp up inside the header pipe, turbine, and down pipe. This helps with keeping velocity up which helps to create pressure or boost
I have not run the turbos with the coatings yet, but I'm sure it will work just fine
There are other, and I believe better, companies then HPC. I've seen some of their stuff start to flake off. There could have been other reasons for it, I don't know.
I had my stuff done by Cap's Brite Hoat Coatings
http://www.capsbhc.com/