^i beg to differ.
psi is the measurement of pressure
cfm is the measurement of flow, albeit volumetric flow.
nothing flows without pressure differentials. basic thermodynamics. more specifically, given the same restriction(ie valve lift), the flow value is solely related to the pressure difference before and after the valves. the greater the difference, the greater the flow. so psi does have
something to do with cfm.
^i almost completely agree with you crzywhiteboi. you've done your research and your intuition does not entirely fail you. i was in the same position a year or two ago right here on this same forum. you've got theory and they've got experience. but so far you've been unable to marry your theory with their experience. and i hope i can clear it up for you.
7psi is 7psi of
inlet pressure regardless of the size of the inducer. but you only have enough to tell half of the story of our lead character: mr. flow. as you've probably have already begun to realize mr. flow is a total couch potato. he doesnt move his lazy ass unless he is being pushed AND pulled. so if pressure was equal on either side of the valve then no flow occurs. i think we can all agree that there exists a strong positive correlation between the amount of flow and the power made. their experience says 7psi of a small turbo doesnt make the same power as 7psi of a comparably larger turbo even though inlet pressures are the same. now you may be thinking, how can this be true? well given what we know about mr. flow this could only lead us to conclude that, with the smaller turbo, there is greater preexisting pressure in the chamber on the intake stroke. using further reasoning it is safe to assume that on the exhaust stroke the engine was not able to evacuate as much air. right about now a light bulb should be going on in your head and its easy to see(given the same inlet pressure) that the decreased power output is caused by the greater back pressure of the smaller exducer housing thus reducing flow/power.
and in this succinct thought experiment i firmly believe i've wed your theory with their experience. you may now kiss the bride.

If any person here can show cause why these two should not be joined in holy matrimony, speak now or forever hold your peace.
so you see, you are not completely wrong, and they are not completely right.