Age old debate of timing vs boost. Boost is all the time. By this I mean, when you go WOT the boost is what it is in all gears, so adding more boost can & will cause issues in higher gears if there isn't enough octane to tolerate the boost level. Timing can be controlled independantly in 1/2 & 3/4.
1/2 gear can easily support more timing because of less engine load. Add a degree & see if there's any retard, if not, add another degree, but I'd stop there. I wouldn't mess with 3/4 gear timing.
I personally added 3* of timing to 1/2 gear & took away 20% fuel in 1st gear. Made a big difference. Awesome low-end throttle response & pull. I have Alky though, so I could get more agressive.