500 wheel isn't easy or cheap. If you are running a 4l80e it's going to take alot more flywheel horsepower than you think. I have a turbocharged 5.3/4l80e with a Ford 8.8 rear. From the outside looking in the internet would have everyone believe that 1000whp turbo ls cars are everywhere, they most assuredly are not. I used the "Denmah" kit from VS Racing. 69mm GT45 Deka 80lb injectors, boost referenced fuel pressure regulator, GN tank and sending unit, 400lph Walbro, -6an braided line and fittings, HPtuners, stock ecm, transgo2 kit for the 80e, pac1218 valve springs, mandrel bends from Columbia River for the hot side, 4"down pipe. Standalone harness repinned for the 80e. The list goes on and on. Over a grand in tuning just to make it run right. Very conservative tune (10* timing) on a Mustang Dyno it made 462whp with the stock cam. Dyno said it made 614 crankshaft. The big surprise is the 540wheel torque. This is a seriously stout car but I have over 10k in parts in this build and the car was free. I have since put a big cam (.585 lift) and added timing but the lame 91octane fuel around here cost me a piston just recently. I'm out of turbo and fuel pump at this power level (700 flywheel conservative estimate) it can absolutely be done but be aware the first time the word turbo enters into your build you can multiply the figured cost by 3 and you are getting close.