You'd be surprised. There is not as much gain as you would think going to better heads, converter, cam, IC. I am basing this on my and a few friends experience the last couple of years with many cars going low 12s and a couple high 11s with the stock turbo.
Like mentioned in the post above, the stock turbo seems to run out of steam on even a stock combo even in the low to mid 20#'s of boost. So besides not being able to make use of the extra flow of better heads, the same thing results when going to an upgraded cam and converter. A stock cam or similar keeps the rpm range lower where the stock turbo works best. The stock converter also keeps the rpms down and will work very well as long as you can 60ft. With a smaller converter, you may be able to 60ft a little better but you'll be running higher rpms through the run and maybe going out of the sweet spot with a stock turbo. Seems like a good stock D5 or a restalled 12" work well.
As far as the IC, using alky really negates the cooling advantage of a larger IC versus a stock setup. A better flowing IC that has less pressure loss versus stock is where I'd think the most gains would be made. However, you rarely see something like a good flowing front mount IC on a car with stock heads/cam/converter and a stock turbo, so who knows.
Besides the regular upgrades, the best things for a stock turbo are alky, a good 60ft, and removing as much weight from the car as you can. Good air doesn't hurt either. At over 22#s, the gains become smaller for a stock turbo but there does seem to be some gain going up to 24-25 on a stock head/cam setup.