The vast majority of people will tell you that you are supposed to place your blow off valve within a couple feet of your throttle body. I am here to tell you that this is not the best location for your blow off valve.
The best location for your blow off valve is going to be in between your turbo and intercooler, on the hot side.
Think about it. If you put the blow off valve on the cold side (after the intercooler), you are pushing hot air through your intercooler for nothing. This increases the speed at which your intercooler and motor become heat soaked.
By putting the blow off valve before, or even on the intercooler itself - you allow all of the hot compressed air to escape to atmosphere prior to passing through the intercooler. A blow off valve does the same thing no matter where you place it on the charge piping. Knowing this - it's only logical to put it in a place where it relieves hot air rather than cold air.