I'm not sure but here is why I think it is the turbo.
Cold start goes off without a hitch (single cycle on the glow screen and it always starts immediately), the green turbo light comes on pretty much anytime I touch the accelerator during the summer, but this morning (and all of last winter) the green light doesn't come on until up to 20 seconds after I depress the accelerator. The green light normally shuts off the moment I take my foot OFF of the accelerator in summer, but in winter the light remains on for 10-15 seconds after I let of the accelerator. The sound only arises on these cold days and happens with or without the fan on. When the engine finally gets really warm (say 20 minutes not the highway), then sound goes away....
I should add that the sound I'm hearing is not the high pitched whistle of the turbo spooling, which as cold taco noted is something that I only hear from time to time in summer...its more like just a reving sound coming from under the hood that is not the engine.