Hey gimprvr,
I have the same motor and am definitely going with the Whipple also. I just gotta wait til my divorce is final before I can get ahold of Dustin and do it. I'm also interested in the same questions you have. A friend of mine just had one installed by Whipple on his new lavey 27' cat with an HP500EFI. That thing SCREAMS with the Whipple in it. 95 all day long. The only reliability issue I've heard of to date is the outdrive failures due to the added torque/HP.