The GT28RS is an expensive turbo. If you're looking for a cheaper BB turbo, the GT25R is a good choice and a T3/T4 combo is probably even cheaper.
You will need to upgrade your FMIC, recirc valve, fuel pump, and MAF. The stock injectors should hold close to 300 WHP IIRC (somebody correct me on that if I'm wrong). I personally think that a FMIC kit is too expensive, so My suggestion is that if you can weld, make your own IC piping and try to locate the FMIC higher. It reduces turbo lag a bit and aids in the sleeper look cause you don't have that big *** FMIC visible.
When you do the MAF upgrade, you can either get a standalone system or you can have your ECU remapped. The stock ECU doesn't understand the new MAF, so you'll have to tell it what it is. If you go the reflash route, you might as well get new injectors too and save yourself the hassle and cost of having it reflashed twice.
The stock clutch will definitely get screwed if you leave it in. Go to
http://www.SR20DETperformance.com and look at what they have in the way of clutches. Also
http://www.heavythrottle.com is another great resource for SR parts. Both companies are located on the east coast, so I don't know how well that will aid you.
The guys at Sport Compact Car took a Z32 chromoly flywheel and mated it to a maxima clutch and Z32 pressure plate IIRC and it's holding fine at 280 RWHP and since it's an organic disc, it should feel like stock which is good for heavy traffic.