The turbo blanket serves two purposes.
1. Reduce radiant heating to other nearby components, keeping heat away from intake manifold, piping and other components. When something is that hot the amount of IR radiation is significant, so covering the turbo with something that is IR opaque will prevent that. As mentioned above this is really important to the Subaru platform because all that heat goes directly to the intercooler that sit on top of the turbo.
2. Increasing turbine temperatures within the limits of the material) means that there is more energy for the turbine to extract (PV=nRT). This is not really a factor in our application, you wont see a difference due to this.
I got my Golf only a couple of weeks ago
so I am waiting for the first oil change to familiarize myself with the layout. So i cant provide any input on it making a difference in this platform. On my WRX I saw measurable improvements in IAT from wrapping the up-pipe and turbo blanket.