Yeah, this subject has been beaten to death on the DSM (eclipse/talon) forums time and time again. It's always better to recirculate instead of vent. There's a reason they call the stock valve a diverter (or compressor bypass) valve and not a BOV, it doesnt just vent pressure when you let off the throttle, it also opens under very light loads to allow air to bypass the turbo, which puts less load on the engine under very light acceleration.... which means better gas mileage under light load driving. My MPG dropped by 2mpg when I vented the stock BOV on my eclipse. The car ran fine, but the MPG dropped anyway. I hooked it back up. Well... for a while. I eventually got a blow-thru maf sensor that went between the BOV and the throttlebody so the air venting was unmetered and I put a greddy BOV on with the tighter spring, which clamps shut all the time, even under light vac. It does surge a little bit, but the spool time dropped like a rock. I dont know if a tighter BOV on a MS3 would drop spool time though, I remember reading somewhere that the ECU smooths out spool to reduce the felt torque steer. I wouldnt want to surge the turbo on a new car anyway, the stock CBV is way more responsive than an aftermarket BOV and has almost zero surge. It's nearly identical in design to the 1g dsm CBV, except the eclipse one is metal. I kind of wonder if the 1g dsm one would directly fit... or vice versa.
Also, does anyone know what PSI the stock MS3 valve starts leaking at? I know the stock 1g dsm valves start to leak at 20 to 22 psi.. (which is why I had to replace mine with a greddy).