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If you're going to a metal gasket, upgrades are fine. If you're planning on staying stock for the gasket, you're not going to want to increase the power.
To some of your notes:
The NA cams are disputed as to whether they help. I personally wouldn't bother.
Twins are hugely expensive. I'm over 10k into mine, and I've still got a few more to spend.
Fuel and such are a requirement for any serious upgrade. If you're not planning to upgrade these components, you are pretty much limited to increasing the boost to roughly 12psi on the stock CT with the exhaust you have now. Anything more requires fuel and other components, and engine upgrades. Again, the metal gasket is the starting point.
The A340 seems for most to be fine with the 12 PSI route. More than that and the automatic becomes a weak link, though the R154 replacement is really not all that bad if you can source the parts.
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