Err who is guess whose back?
Hey WD as for raising the redline, I hear its not that advisable, due to the KA being a torquey engine, you are just wasting time and money to extend the revs of the KA. Basically a bigass turbo will get you there

and a compeltly bullet proof bottom end, I can't really supply enough knowledge about a 650+ HP KA because I have yet begun to build a KA. I know a good idea would be to build the piss outta the block, O-Ring it, good high quality pistons/rods/rings.
Basically alot of what george said in the other post, bigger plenum, air manifold, bearings, and valve train parts beefed.
And Alchohol I think kicks ***, outta what I know alchohol burns cold, no better way to keep your engine cooled down
Its probley no problem getting the KA up to that much HP, its just making the engine able to handel it and make use out of it.
I'll probley study up on some stuff and post back if I discover anything useful, until then, good luck!!