Turbo/super charger

I have been saving up to purchase the following:

Procharger D-1sc w/ 3 core Sheetmetal Cooler-$4,359.99
Aviater Fuel Pump-$219.99
60lb Fuel Injectors-$459.99
Mafia-$154.99

Parts-$5,194.96
Labor-$750.00
Tune-$500.00
Total-6,444.96 (not including tax)

I have been saving and I have reached a little over half. I was thinking of scrathing the supercharger idea a few weeks ago and getting a NX kit, but I decided I didn't want to do that. I have a new idea, but I dont think I could do this on a stock engine. I was looking at this:

http://www.turbochargedpower.com/96-04 Mustang.htm

I have no clue about turbos so I dont know If it can be ran on a stock motor like the procharger. What do you think?

-Would I be better of with the supercharger on the stock motor at 8lbs of boost and saving for a better built motor later and running more boost. (I dont think I could ever reach 700rwhp with a procharger)

-Can I even run a turbo on a stock motor? If not what would need done to the engine to be able to get 700 to the rear wheels safely. Please help.

Kilgore Trout said:

Are you really sure you want to take your Mustang to 700? It will cost a lot more than $6444.96 by the way in my opinion. You will want to do suspension and maybe even body and paint work as well. I think you should consider spreading out your six large a little more and getting s/c plus suspension mods to effectively put the horsepower to the ground. Also, beyond 400 requires upgraded engine internals. Plus you will need cams, the list goes on and on. I guess what I am saying is are you sure?

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I am aware of the suspension work. I know beyond 400 requires engine internals. My question is.....supercharger or turbo at low boost on stock engine for now. Upgraded engine internals later and I will see more hp from the turbo or supercharger?