You can boost anything and get away with it. How much boost is another question. What horsepower level an boost did your "fathers" LT1 have?
My father's was a naturally aspirated car. But some of the cars I was involved in building made 800+. The stock LT1 block and crank were not the weak points. The only LT1 crank I ever saw broken was an after market Eagle 4340. All of the pistons I have seen failed were due to tuning issues on forced inducted cars and not because the pistons were weak. I can say the same thing about LS engines, Ford 4.6, 5.0, 5.4, etc engines as well. Heck, one of the local LS turbo guys told me every time he hurts a piston he will just throw another used or new one in and continue on.
The powdered metal connecting rods were the weak point on the LT1 and only on higher horse power forced inducted cars. They were good to about 600-650 rwhp. The Gen 3 LS rods are the same as for power limits and durability. The Gen 4 rods are what guys building Gen 3 engines typically use for budget builds. Guys going 1000 plus will use after market stuff. Even GM had proprietary rods on the LSA LS9 supercharged engines so even GM engineering was aware of issues.
For some one who wants a cheap fuel injected power upgrade the LT1 would be my choice. It will bolt in using most of your exist Gen 1 small block peripherals (headers, mounts, transmission, etc). Stock they make between 265 and 330 horse power. They can definitely make more with some bolts ons.
I'm not posting this to one up you. I am posting from my own experiences and to help the original poster.