The Projection unit will not support more than 275hp, according to Holley. This may be something you should call Holley about.
My 88 firebird is TB injected and it is a very similar design to the Holley TB. If I recall correctly, the Holley TB is a plug and play replacement for my car. I know the stock TB's can be modified to support 400, maybe 500hp. So call Holley and find out what limits it to 275.
I would go with the Commander 950 because it seems much more tunable and makes use of a map sensor and has the ability to control ignition timing - both of which will be very useful when running boost. Though, the Commander is about $700.00 more.
Another rather cool alternative, I think, is the Retrotek efi. The throttle body looks like a carb. I think, up to 500hp it does not require a fuel return line to give it away as a throttle body and it is set up to handle up to 15psi of boost. Another neat thing is that it is self tuning. I'm keeping my eye out for real people who are using this. Self tuning seems too good to be true. The retrotek is about $300 more than the commander.
Lawrenceville, GA