If you want a low low 12 second all day driver, get the car running up to snuff first of all.
Make sure your maf sensor is either the original one and working correctly, or a newer style LT1/LS1 with translator.
If you have a aftermarket MAF, some of them will not read correctly and you wont get enough fueling for wot.
Must need parts list for longer engine life:
RJC powerplate and boost bleeder valve
New red armstrong quad air inc. spark plug wires
NGK UR5 plug wires gapped at .032
New 02 sensor, use a heated one if you plan on running racegas, or run a ac delco or bosch if your just going to run pump gas with meth
Walboro 340 fuel pump with new fuel filter
Fuel pump hotwire kit, 12v relay to supply consistant voltage to the quick disconnect at the fuel pump tank.
Get a THDP, or another style 3" manderal bend STAINLESS STEEL downpipe with no cat if you can.
Methanol injection will allow you to run more boost and timing, Razors meth kit along with Eric Marshalls computer chips will allow your untouched stocker into the 12s with radial tires and a decent tune.
If you decide to go low 12s with a slow 60', you really should go with a set of 009 injectors, (gt3255,ta 49,te44 turbo) rjc bleeder valve and even with the stock intercooler will be high 11 second territory on radials with a good driver and decent track.
Depending on miles and how many owners the car has had, you probably should check the torque convertor to make sure it is the original one, or a better than stock one.
If the trans has been rebuilt, it most likely has a D6 non turbo convertor and will kill your car coming out of the gate.
HTH
Check my sig and timeslip, never had the valve covers and intake off the engine. Stock turbo as it was in sept.1986 when the car was born.
BW