^This. Also don't forget that a turbo will dump a LOT more heat into the engine and engine bay than a supercharger would.
Since the OP claims to be a expert on welding and other major mods, I'm still sticking with the V12 route although it will take the most work (R129 SL600 engine cradle, wiring looms, battery relocation, module bay conversion, dual EZLS, dual coils, etc, etc, etc). Nothing else comes close to having off the line grunt like a V12. Think of it as having 2 M104s joined at the hip living under the hood.
And bonus, if a EZL, coil, crank sensor, or engine computer goes boobs up, the car will continue to run on 6 cylinders to get you home. On a M119 V8, you're stuck with no choice but to get it towed.