Thanks for the good info @a91what my total tuning experience is one road-tuned '95 turbo a few years ago and one best-guess blow-through carb setup on another car. The last thing I wanted to be was Eric-the-Car-Guy of YouTube fame who's melted down his built Chevy turbo 2 or 3 times now at relatively low boost, from what I recall he was running about 12.5:1 and who-knows-what-timing. 11.5 is still smelly-rich so I still suggest a cat, and the rich mixture hasn't caused any issue with the cat either (though I'm sure it borrows some power, just not so much that I've ever noticed).