'280rwkw' and '8500rpm' don't really fall under budget. I would use a bigger turbo and set the rev limit at 8000rpm. The problem is that the 20v has 1.6 litres of displacement. To screw that much power out of the motor, nothing can really be left to chance aka please empty your wallet sir.
I hate to say it, but if you really need that much power (and have a small budget), look into dumping a larger motor in there. Less strain on the engine, you don't have to run as much boost, and you don't have to cross your fingers when hitting the rev limiter.
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