I'm wondering something similar. I'm still going to use 93, but I was wondering about using alky perhaps.
Has anyone set up alcohol to run with 87 octane and still run OK. I don't think you could get such lofty boost levels as you do with 93, but perhaps it's worth looking at if you want to save a buck.
If you are going to run 87, might I suggest turning down the waste gate. Instead of NOT getting into it. Just a bit of added security. Might also want to talk to a chip maker about burning a chip for your reduced needs.