CrazyGn,
If your running race gas 19 on the timing is good, like the others said adjust the boost down 2-3 lbs for a 75hp shot and 1-2 lbs for the 50hp shot, run 1 colder on the plugs, have a fuel pressure gage or a fuel pressure switch to shut the nitrous off if your fuel pump doesn't keep up. Leave the fuel pressure where you normally run it don't adjust it up for the nitrous. I have seen a few run the nitrous on a 307 with no problems but I would recommend a 340 pump. Also if your brought a new system from NOS the jets are really rich already. You usually have to go down 1-2 jets sizes on the gas to get it where it should really be. Can't remember the size off the top of my head but I will check and post later. On a stock GN with a 75hp shot you should pickup a full second, with good traction up to second and half. I have had 4 GN and with all stock except chip, fuel pump, wheels and tires, all have ran 12.2-12.4.
Chuck