Thought I'd renew this ... 'cos I can
Hrsturbo - I'm pretty sure the clutch is on it's way out, as it slips when I've got my foot down (not all the time though) ... but when that happens the revs shoot up and the car goes no faster, the problem I have is the revs stay at the same number and so does the car speed.
MattyRST - My S2 is chipped

I think we're in the same boat. Mine is fine if the pedal is pressed slowly, and I'm pretty sure theres no 'stutter' on low boost (7-8psi).
I think the car really needs a tune up. It's desperate for one