Wouldn't a refreshed 351w with good flowing 11r heads, blower friendly cam, quality intake with a centri blower pushing about 14psi get this guy in the 500+ rwhp range? A boosted 393 combo seems like overkill for a "family friendly" street car. You'll build it up just to tame it down. Only upside I see about the boosted 393" engine is if you ever remove the supercharger you'd be left with a sweet and powerful NA engine.
Im deciding to stick with a N/A 393ci.
-hugs-