Angus:

My '96 R does the same thing, but after the usual tests does not display any conditions indicating dicey bits. I have smooth and reasonably light pedal feel, good bite, but a noise at take-up that resembles the squeeking of bicycle brakes when wet. In fact, the noise tends to be greater in humid weather and can go away entirely when the clutch is hot. Unlike yours, the turbo clutches are a different size, and persuambly a different material, as they are rumoured to be capable of close to 400bhp. From what I've been able to find out via the various Volvo forums, turbo clutches have a tendency to make the noise.

Me, I'm going to hang out with mine until it bugs me enough to deal with it. I don't have the time anymore to do this stuff myself, so my indie is going to have to do it. And frankly, although he's good, I really don't want anybody opening things up in a major way unless its really necessary.

Good luck and cheers,

Bill