If you toss a turbocharger on your 240 with a stock clutch, you wont be boosting on it for long. A flywheel isnt necessary equipment, only helps you put more power to the ground.
A clutch is just one of the things you have to buy if you want any serious power out of your car. Simply put, the stock clutch can not handle the extra torque that a boosted motor will put out, and will fail. If you baby it sure you can get miles out of it, but you also wont be putting down power.
The reason there is no.. boost limit.. is because there isnt one. Theres a guy on here who has run 21 pounds of boost and put down over 400 HP on a stock block. Theres quite a few more who have blown their engines in the teen boost levels.
You need to read the second post from the top of this forum... Heres a link for convenience.
zerothread/226410
Please search and read before asking questions man, you help yourself and you help the forums.