You stated you plan to drive the car a lot on the street right?
If your car is 100% stock
Here is my recipe that I would do:
Walbro 340 (255lph) fuel pump $120 or so
K&N air filter $40
30/30 boost/vacuum guage $50
adjust. wastegate rod (thread it and add a nut to make adj) $2
test pipe (eliminates cat and looks like a "Y" with the straight section going to the exhaust, and a side outlet with a cap to bypass the exhaust when upcapped) $40 from Summit + labor
Cotton's single 3" exhaust $299 I think
coolant throttlebody bypass lines (loop 1 line around to the other on the water heater lines on the passenger side valvecover) free
new ACDelco CR43TS plugs $1.50 each
new AC Delco wires $25
alchy injection chip 21degrees $50
SMC alchy injection kit $350 (allows 91 octane to be run and injects alchy under boost therefore allowing 21-22psi on stock turbo without having to run racefuel 116 or 100 octane gas.
Scan Tool allows you to tune the car and see any knock or error codes to identify problems before they happen:
ScanMaster $249 size of a radar detect. + gives basic tuning info
or TurboLink $169 but requires a cheap laptop to run
Last but not least.... if this is a street car don't get BFG DR's as they handle like crap. I would advise 275/50/15 Nitto Drag Radials on the stock GN rims (my friend runs them with no problems and has run 11.80s on them). I have them and have run 11.70's on them. They work well in the rain, handle good, and with a healthy burnout they hook like a mofo.
As others have said.... there are shortcuts in the beginning... but they may bite you in the ass and you will pay 10x more later.
A good one to reference your build up off of... 11's for $1500:
http://www.gnttype.org/techarea/recipes/foxrecipe.html
ps= you don't need the downpipe or modded upper plenum
add an RJC power plate though $59
http://www.loveridgemachine.com/RJC_Buick_Products/RJC_AD_Power_Plate/rjc_ad_power_plate.html
All the other recipes:
http://www.gnttype.org/techarea/recipes/recipepage.html
Good luck,
GNX7