Hey shaun. Thanks so much!! Very helpful . I think i will go efi . manifold.... i have had one offered to me... and im gunna jump on it! Next mission with be the ecu side of things... way out of my league.... well until i get my head around it lol

It's the piston rings that won't cope with the pressures of the turbo over time.  Forged pistons will be good.
 
Matt   

If i had that money to do it i would. But! Over time can afford it... as its all in stages.. if that makes sense. Lol

So light head work, standard crank with strong rings and forged pistons... im liking this... alot :)

Turbo engines respond the same to porting as NA. Dont let anyone tell you different.  I.e., A well ported head will make more power on the same boost, or, less boost is required on a ported head to make the same power over a non ported head.  Think of 'boost' as a measure of restriction, the less restriction, the less boost to make the same power.
 
Turbos dont 'generally' like long duration cams, however as much lift as you can safely get the better. There is a limit, and the more lift, the shorter the lifespan of the drivetrain.  On a street pinto, you're probably better off just with the standard cam.  There does come a time when you do need long duration big lift cams for turbos as you simply cant get the volume in however that discussion is for another time and probably not the type of engine you are building.
 
A standard fresh bottom end will take 6psi all day every day however compression/fueling.spark are all a factor.
 
The weak part as mentioned is the ring lands.  I can provide photos of the collection of LC pistons i have here! With forged pistons, go for it.
 
Costs can, and will get away from you, and paying for bits at a time is kinda like a mortgage, You will end up paying more.  When you add it all up, and depending on the power you are chasing, a running cossie for around $7500 is cheap, a jap front cut at around $3000 is a steal.
 
Shaun
 

From what it sounds like you are after, standard valves and with a decent port job will suffice.
If you are on a budget, keep your eyes out for a completed head or secondhand set of valves.  The only thing you will have to watch is that most big valve ported heads will have had a fair bit skimmed off them to raise the compresson for NA use, not what you are after.
 
Standard crank and rods will be fine.
 
Standard type 9 'should' hold up fine provided you are not abusing it.  Same goes for the diff.
 
Shaun

Okay cool!! Yeah the budget is tight. With a standard head. What head gasket? What about a shim plate?

Thanks shaun.... sounds good to me. :) budget turbo build coming my way!! So the car its all going in currently 1.6 standard mk2. Does it have a lsd or not? How hard is it to get one that is. If so...