350 is your aim, were talking hp at the fly yes??
So convert to killowatts is around 260 at the fly, and then account for drivetrain and tyre loss (17-30%) and you are looking a 2-225rwkw.
if your talking 350hp atw, I am pretty sure you are going to be pushing the friendship with the stock block, in particular the main caps walking around. Tomei make ladder caps, which are a billet plate that goes across each main cap, but i would recommend some kind of 1 piece girdle.
Also have you releived the block at all??, it might be a worthwhile investment for a little bit of effort.
My suggestions may be completely unnecissary, but i thought i would throw the ideas out there. I've seen an unsleeved stock SR20 block hold up to 500wkw for a few years, so anything is possible.