Desertion is right, the IPS kit makes about about 460 RWHP; perhaps you are confusing it with the IPF supercharger.
Like DSX_Camaro is saying, I've pushed mine well beyond what the IPS kit does if you don't modify it (run more boost). If you have an automatic transmission I would suggest you put in an aftermarket transmission cooler. If you have a manual then you should expect to go through clutches a lot faster than normal. Sycraft has an aftermarket clutch that is working well for him.
As far as engine internals, I don't think you will have any issues at that power level if you buy good gas.
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