I know it's been done and its do-able. I just wanna discuss this for some real specifics and technical stuff. 409 horsepower out of a supercharged VG on pump gas is not bad at all:
http://owners.procharger.com/supercharged/149
S/C is mounted where the A/C compressor mounts, which will be getting deleted anyway on mine.
The main reason I'm interested in this is the engine internals I have now will hold a small amount of boost. I would guess a safe limit would be 10psi (if anyone knows different let me know). With it not being able to hold 18-20 psi and be a 1,000,000 hp monster or whatever, I feel like turbo-ing it would be a gigantic waste of money until I put lower compression pistons in. A turbo build is just out of the question till college is over. So the next alternative is either NO2 or S/C and I'm not a huge fan of NO2.
Engine internal/"upgrade" list on my car:
wiseco 88mm 10.5:1 pistons
Ferrera 1mm over valves
Cometic h/g
ARP head/main studs
My engine isn't done at the machine shop (for those following my build), My pistons had to made to order so they'll ship out in a day or two or three.