First of all, what type of riding do you intend on doing? That is the first question you need to answer to base all of your builing on. I definately wouldn't recommend the mods you have listed for a bike you ever plan on trail riding. That setup would be more for a dedicated drag bike, what type of drag racing you do will determine the type of override you need ie: hillshooting, asphalt 1/8 mile, asphalt 1/4 mile, 300 ft. sand drag, 400 ft. sand drag ect. ect. Adjustable timing is a great way to improve your bottom end power, the more you advance the more bottom end you see...but, your octane requirements increase as you advance the timing as well. You say you are running race fuel now, with stock timing you will need race fuel or a mix of race/pump if you are over 150psi of compression. I agree with trex on this one, you should try out a good port job on your stock cylinders if you're not planning on it being a dedicated drag bike. You will be amazed what some different pipes and a port job can do. Basically, you need to answer two ?'s...what is your budget and what type of riding will it be used for.