Just tonight I went out and reset mine. She was running 24psi which was way too high. I took the hose off the barb and loosened the top, turning it counter clockwise out two turns. Turning it out two more would cause the adjustment part to come apart, basically taking the top off is how I can best describe it. I retested the boost at this setting and it ran a steady 20psi. So I turned it down just one full turn out using the direction that the hose barb points as my reference for one full turn.
On my car, the 90* hose barb points straight down towards the compressor cover. I retested, hehe, against a '05-'06 Roush Mustang at a redlight (yep street encounter but I had to work to make it happen, luckily caught up with him at a red light) We raced, boost went to 18-18.5psi, it was a good race, after she hooked up at the top of 2nd, I pulled about 2-2.5 cars on him and was walking away before I had to lift due to a stupid Explorer that was running blocker for his buddy in the Ford.

But it was still my first Mustang kill with Sarah, and it was a good test. Gotta get the sticky tires and alky and the next time it won't even be close.
This valve is very sensitive to adjustments. In my setup with the standard spring wastegate actuator, it is adjusted two full turns shorter than just slipping on without pulling it onto the swing valve. Adjusting it so that you don't have to pull it any and it will slip onto the swing valve is what I would call setting it to static setting. And the RJC was tightened down one full turn from being dis-assembled. Two full turns on the RJC was 20psi.
With a heavy duty actuator, you need to be very careful once you start tightening the RJC valve to raise the boost, due to the stronger spring inside the wastegate actuator.
HTH
Patrick