bov's do improve the lifetime of your turbos. when you switch gears and the intake manifolds close, there is still air rushing in from the turbos. instead of that air literally going back to the turbos and slowing them down, it leads to compressor surge which breaks them over time. the bovs just blow that extra air out in a cool sound. but, like i previously described in decent detail to you, instead of blowing that extra air out, the re-circulation valves actually keep that pressurized air for when you lay into it again. the bovs only start to benefit when you are pushing more air than the stock re-circulation valves can handle - at approximately 500 rwhp.
do whatever you'd like, but given your strict $3k budget and what you want to do for 500 hp, you aren't going to get it done. i'd advise selling the bovs, which of course are expensive ($500), and putting it to the fund since you are going to need more than 3k to reach your 500 hp goal. new turbos and downpipes (your current 4 bolt downpipes won't bolt up to bigger turbos with a 5 bolt setup) are going to be $2400.
http://www.z1motorsports.com/product_in ... ts_id=1451 new injectors and a required fuel rail are going to be $1k.
http://www.z1motorsports.com/product_in ... ts_id=3088. since you have a boost controller, im going to assume you already have an ECU. If not, that's another coin drop. also an intake, but that's only $100. Are you going to do the work yourself? You will have to pull out the entire engine to throw those new turbos on. That's a huge $1500 job if you pay someone to do it. the good news is you already have an exhaust, boost controller, and intercoolers.
other words of advice - dont take it to the nissan dealership. they will probably want to do 3k of mx alone on it. find a local z guy to help you out. when is the last timing belt done? do you know? if not, you'd probably want to get that replaced before you upgrade all this crap. secondly, follow the 6 ps before upgrading too -
http://twinturbo.net/nissan/300zx/forum ... mance.html.
im going golfing now, hope i was of some assistance.