The way a turbo works is the same on a 300tdi or a TD5, it's the way the boost is controlled thats the difference.
A new actuator will likely give a more even and controllable pressure over a wider range.
The boost controller fools the wastegate to operate at a different pressure (often lower) than the actuator alone resulting in higher pressures entering the manifold,
Easy on a 300tdi (well I used that term advisedly) but on a TD5 you need to tell the ECU what you have done or at least what you want the boost system to do, so the engine will run.
On both engines controlling the fuelling is important, on the TDi it's a couple of mechanical adustments to the FiP, on a TD5 it's (again) computer controlled so ECU remapping.
And you need to know the exhaust gas temperature, and you need to contain that extra pressure and temperature or the head/manifolds warp.
Let me just leave what
@bankz5152 said .."A properly set up and mapped hybrid or VNT is going to be better than anything you can cobble together yourself. What ever you do fit youll need the ecu remapped and sensors replaced and adjusted."