Wow. I don't know anything about turbocharging, but that looks like an amazing device...
If my escort wasn't such a rusty piece of crap, I would actually seriously consider scrounging up some cash and buying that, and then over the next few years, getting the money for things like the intercooler, fuel pump, boost timer, oil lines, etc...
To me, that looks like the start of an excellent turbo install. I'd also consider moving the radiator to the frontside of the front brace, and taking out the A/C heat exchanger... that would rock.