for a budget setup, my impression from my thread i started a week ago (link provided >>>(
zerothread/339087) was that you can run up to 6psi safely with a 8:1 fmu and walbro.
I am actually going to do a similar setup to yours too very soon with the t3/t4, fmic, fmu, and walbro. except i will probally be running 5-5.5 psi on my stock ka to be on the safe side.
as for fuel system, it is either:
FMU + walbroor bigger injectors +walbro + piggyback or standalone.
FMU doesnt need a tune, but running bigger injectors do. hope i helped! WDracin and 480sx are really helpful too, they will probally chime in later.