. . . If my memory is correct, the EGR valves default position is fully opened, meaning open to the exhaust when the engine is off. When on, and like you stated above, the PCM controls some things (have seen it in the tune while tuning (flow rates and such)) but I was under the impression that once vacuum is gone, the valve shuts, preventing any flow. (I've forgot a lot of things I once had figured out)
Does the valve closed mean it will block the boost from going down the exhaust? Not 100% sure. But I'm assuming it doesn't do the best job at blocking, as I've experience the hose blow off in the past. . .