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I agree with everything Tyler said above. You don't need to do any porting to the head, and if you do, go with a conservative street P&P. Stock valve train is fine, but do yourself a favor and get PT rockers and lifters as they have better oiling capabilities. If you really want piece of mind, get stock size stainless steel valves that will handle anything you can throw at them.
As far as the block is concerned, stick with stock bore. Get a nice set of low compression forged pistons and rods, and make sure to get a new oil and water pump. Many people say the stock oil pump is the best, while others are supporters of the "higher flowing" Melling pump. Make sure the crank is balanced.
Stock tranny and axles are fine for 250hp, and in fact, can handle much more. As Tyler stated, an LSD or substitute like a phantom grip is not a bad idea.
A good turbo choice for your power goals would be the 16G, so looking for a used Hahn kit might be a great starting point. The 16G is very efficient up to 16psi, and can pump out well more. 250hp will not be a problem for a good tune on that turbo.
As far as cams, stock cams really are fine, and if you are only looking to make 250hp, I would say there is no need to upgrade. If you are dead set on an aftermarket set of cams, don't waste your time with Crane 12's. In fact, I think most guys on here will even tell you the Crane 14's are a waste. Go for Crower 2's or Crane 16's. Keep in mind, with a more aggressive cam, you should definitely upgrade the valvetrain with new springs and retainers.
Your main concern should be fuel delivery. On a built motor (forged internals) the 420A can safely handle 15psi out of a 16G on stock spark without issue, as long as you have adequate fuel delivery and are running conservative AFR's (11.5-12). If you are only looking for 250hp, you probably wont need to worry about spark, but you will want a good fuel system. What were your plans? 1999 Eclipse GS Built motor Hahn 16G Turbo w/ FMIC Hahn Stage 5 Portfueler (270's & 500's) Zeitronix Zt-2 wideband w/ 3.5bar MAP 3" SS Turbo Back CM Stage 4 Clutch and Fidanza Flywheel Baer Big Brake Kit
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