Procharer Or MOTOR?
I'm in Texas, not sure what sponsors are based in Michigan. But I'm sure there are plenty within driving distance that will hook you up with a reliable 500+ horse daily driver for $5k or so.
If you're a manual and like to drag race (and have another couple grand to spend), consider using part of that scratch for a 12 bolt or 9 inch. Stock one will go bye bye quickly if you launch hard.
If you're thinking Texas, you owe it to yourself to check out MTI as well - as in the MTI which was on the cover of the latest Motor Trend.
I'm no expert, but 500 rwhp is probably unattainable in a streetable stock cube, naturally aspirated auto.
The Best V8 Stories One Small Block at Time
I was in the same spot as you in december and i decided to go the head/cam route with nitrous (i know your against that part, i used to be too) and i will eventually procharge it (my friend works at a procharger dealer = awesome deal). All in all i will be putting down between 550-600 RWHP depending on what size shot i go. BUT I KNOW YOU...... YOU DONT WANT NITROUS.
With that being said good luck with your decision.
$2100 for 9 inch rear
$500 or so for a nice stall converter
$1300 for full exhaust
$250 for a pulley
$100 for ported throttlebody
$600 for 42# injectors and 255 lph fuel pump
$400 for a full tune
Then you have to think about your tranny, suspension etc...but that would be a real good start.
you'll be suprised what 450rwhp feels like...
heads=2400 for a NICE set
cam=400
install stuff is around 500 for gaskets, pushrods...etc.
headers- 900$ exhaust 400$
if you plan on getting a procharger just make sure your cam will work with it.... meaning a big split cam -example 228/236 .595/.620 114lsa
it does seem like you have very little knowledge about the LSx motor so just take your time and start out with bolt ons...
if your car is stock 400rwhp will feel totally different than 315rwhp...
or just put a dry shot of nitrous on it with heads and a cam and have over 500rwhp with minimal money invested.

couldnt have said it better myself
prochargers suck ***
but thats just my opinion 







