Your TT alky chip was probably burned for something like 22-23psi with alky. If you lower your boost, you won't be using all that fuel so you need to take fuel out through the chip. You don't need as much alky either, but you can leave it on the same setting. Adjust your WOT fuel setting in the chip (not the 1st gear fuel). If you make a WOT blast down the highway, you'll probably see well over 800 O2s on the scanmaster with the base chip settings at 17psi boost. Lower the WOT fuel setting in the chip 4% or so and make another WOT blast. Keep repeating and once you start seeing the O2s at 780-790 or so at 80mph you are in the ballpark.
Once you get the WOT fuel set, you can back the alky down some, but you'll need to add some WOT fuel back in to make up for it. For example, at 17psi you may be able to back the alky setting down to 3 but you may need to add 4% WOT fuel back in the chip.
When you are done, write these settings down and keep it handy (like in the glove compartment). You'll have one chip and alky setting for low boost and another setting for high boost. On my Red T, I have a tune for pump gas only, low boost with alky, and high boost with alky. For my tunes, I adjust the timing for each setup also so there are more things to track. The TT chips allow a lot of flexibility.