This guy is amazing. He makes and sells performance chips, is very active on Turbobricks among other things.
http://www.youtube.com/watch?v=RhuRQPu1IOY
Over 300hp, smokes Mustangs regularly, daily driver.
The amount of performance mods available is stunning, for cars that are now at least 15 years old and in your case 20.
Some guys are making custom adapters to mount Chevy auto trans to Volvo redblocks (faster shifting for dragracing) which only requires a completely different type of ignition due to not being able to use the tone ring. Some of these guys are serious.
Apparently the manual Volvo trans cannot cope with higher power. Those who want manual trans and high output go with a BMW Getrag
16v info
http://forums.turbobricks.com/showthread.php?t=16750
16v turbo info
http://forums.turbobricks.com/showthread.php?t=31900
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