It sounds like you don't have to meet any race class restrictions and this is just going to be a fast street car.
If you are on a budget why not run 2 used GN turbos? They can support approx 400hp each? They sell for under $200 here on the forum all day long in good working order. 800hp will push the car into the 9's. If you need to go faster then upgrade once you have the bugs worked out to TE-44's or the 50 series turbos and you will meet your goal of of 800rwhp on 100 octane (pump gas). Fuel quality dictates what timing and boost you can run.... don't cheap out on the fuel or you will pay for it in the long run.
Or you can run 91/92 octane and use alcohol injection
..... which is just like running 100 octane all the time.
Here is a link to nice kit that has evolved over the years into a killer fault free system that many on this forum use:
http://www.geocities.com/rad87gn/tech/SteveCkit.html
To run any turbo at low boost (10psi) is really not using it to its full potential. 20-25psi is where the peak efficiency is in most turbos except the tiny factory ones found on 4cyl turbo cars. I assume you are running between 8:1 and 9:1 compression? If not you can stack headgaskets to lower compression to where you need it.
Save your money for clutches as high hp forced induction cars eat them up like candy. I'd consider a TH400 instead and save yourself major headaches in the long run. The T56 is limited to about mid 10's before it pukes its guts out after every few runs.
Here is a killer website on a fast local LT1 Camaro and the history of his car buildup and what is needed to get into the 9's:
http://para.noid.org/~lj/
Good luck with your project. Can you elaborate on what internals are in your shortblock? I'm heading down that path in the near future with a TTLT1 powered sub 3000lb widebody RX-7.
GNX7