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My buddy and I installed a he351ve on his 2g a few summers ago. We used a 16g wastegate actuator and a mbc to adjust how the vgt worked. The car was a blast it spooled like a 20g and made power like an hx40.Holset he351ve variable geometry controller for dsm - YouTube
I'd do a standard 2.0 with eagle h beams and wiseco pistons, An hx40 would net you 11s easily and cheap, I'd go with the quartermaster gear driven twin disc, Rock the stock trans till it goes, I wouldn't bother with nitrous for 11s, I'd rock either a vrsf fmic or a garrett core with custom...
Well this is the finished product of rebuilding my holset hx35. I changed all bearings and seals and bead blasted the compressor cover and smoothed it out and powder-coated it fluorescent green.BeforeAfter