Steve,
You should be rewarded for being so dedicated to a cause.
You're right in that the Roadster engine should be super strong. Drop forged steel fully counterweighted crankshaft (U20-the one in my stroker), drop forged steel con rods that have the same size con rod bolts as a 427 Chevy

So why not 300 horses or more? Build your own EFI manifold, turbocharge it, figure out where to mount all the sensors to make it all work and away you go. Custom forged pistons and total seal rings. I read somewhere that they turbocharged a Vette to over 880 hp to achieve over 250 mph in a street driven car, a/c and all. That's a V8 pushrod engine so why can't we do the same with a 4 banger push rod engine?
I hope you have a great paying job and bring this dream to fruition and write an article all about how you made it work cuz I am dying to read it
There is another guy out there from Alaska named Jason who has turbocharged a bunch of L series engines with great success that did it all on a very tight budget and reading his stuff might give you some more ideas. I think you can find him by typing in
www.jasons510tech.com.
Good luck,
Scott