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Originally Posted by vtluu
Not too power hungry and you want 350-375 whp?  That's about 400-450 crank HP. To achieve that you'll probably need some combination of cams, manifold-back exhaust, bigger FMIC, bigger turbo, standalone engine management system, intake system, fuel pump, cylinder heads, and an upgraded clutch to handle the extra power. Probably around $10k-$15k after you factor in dyno time, labour, etc. I'd set aside another $5k if I were you for when the engine blows up, as it inevitably will if you use the car a lot at this level of power.
Maybe you'd be better off trading in for a C6 'Vette? 
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OMFG you have GOT to be shitting me...
We run that kind of power on stock long block all day long...
the stock turbo has been proven to over 400 whp with a ton of mods, and 350-375 with basic mods... What you are asking for can be done for under $3000 if you (or with a friends help) do most of the work yourself...
My name is Cody, I go by mitsuguy on most performance boards (texasracingscene.com, dsmtalk.com, supraforums.com, etc) Anyways, Blitz, whose name I'm posting under, made around 350 whp on the stock turbo... Mods were downpipe, o2 housing, exhaust, aem intake, AEM EMS, wideband, 880 cc injectors, ACT 2900, and that's about it, oh, we installed 264/272 cams as well...
total cost, including the AEM was about $3500 we did all of the work ourselves, and after a Mark from TT did a baseline tune on the AEM, we got a little more power by tuning it ourselves on the road, and of course more, with race gas... a lot more... stock internals, stock head studs, stock intake manifold, stock turbo (not even the 10.x hotside), and stock exhaust manifold... the car made 343 on the dyno, with more extracted after additional tuning and even more on race gas...
we added a gt35r, and got to 443 whp with 30 minutes of tuning, and now, there's a sheet metal intake manifold and fmic on the car ($1500 tops) and the car should be well over 500 wheel hp with a little more tuning...
so, if you want 350 whp, do the AEM EMS, wideband, and learn how to tune... then get full exhaust, boost controller, and intake, and make around 330 whp... add some cams, and be right where you want to be... you could prolly do 660 injectors, but for your power level, the stock injectors would be ok...
-mitsuguy