Maybe 350hp Max. The later style Menkens handles more power thanks to Tom's ability to neck down the shafts to accept Casale Gears. The Billet Menkens cases work as well, and you could always drop a Casale split case in there and never worry about a horsepower issue! As you go up in hp you should go up in size on your shafts. 1" to 1 1/8" output.
Good Luck on Project!!!