from a mechanical standpoint.. an engine is an engine is an engine. making power is the same for all engines. get more air and fuel in, and you make more power.
all mods "work" on all engines. bigger cams, high compression, improved port design etc etc etc.
on na cars, to raise power.. first clear up any restrictions, like intake and full exhaust. then bump compression up and run hot cams. this moves the powerband over (higher), the extent of this depends on how extreme you go with cam grinds, port work, and valves.
turbocharging is kinda like artificial displacement. you're pumping a larger volume of air in, in compressed form. the end result is you get higher power, at a lower rpm... which translates to a car being more streetable.
another thing you have to look at is your power goals... since the 240sx has a relitively large engine, low power goals are TOTALLY obtainable in NA form. if your goal was like 180 hp, id say go NA, because its not that much more hp, and the car would still be streetable... if you're looking for like 250 wheel hp, making that kinda power NA would be obsurd, and a basic pain in the *** to drive anywhere thats not a racetrack, where a 250rwhp turbo car would be relitively easy to manage around town.
in the end, it all depends on your goals, and of course.. how deep your pockets are
