Greetings Gentlemen!
(I feel like a real Dinosaur around here...
Some updates for you: I found an extremely competent mechanic near me and did some modifications to the bike.
The water injection was removed (completely unnecessary).
The original Garrett Turbo was rebuilt and water-cooled instead of oil cooled, using a small heater core and water pump mounted to the rear of the bike.
Wastegate spring was replaced and reduced to 7 lbs.
Fuel management replaced with a Techlusion unit which works surprisingly well. Adjustable pressure valve replaced with much more robust unit.
All of this was done to make the bike a much more reasonable and reliable unit and not something that was aspiring to race at Bonneville.
And of course, in retrospect, the entire project is pointless because of all the wonderful bikes you can go out and buy today which are close to 200 hp in stock form, including the S1000RR.
But that's in the Land of Hindsight, where everyone is a genius.
Cheers!