I know you have a lot of experience, but I want to share the results of an Engine Masters dyno session I just watched. Twin turbo BB Chevy, Holley EFI and 2 "liquid retaining" tanks, 2 solenoid/spray mechanisms, controlled using Pulse Width Modulation to alter the amount of water and methanol being injected into the intake pipe.
100% methanol was the BEST solution for EVERY aspect being tested: intake cooling, power output, everything.
So, unless you know something they missed somehow, you may want to consider this.
The only reason I can think of to add water to methanol for this purpose would be to reduce the flammable characteristics of the mix in the tank you keep it in.
This is such an awesome project, and twin turbo would definitely be my choice for a Superbird clone that is the only car I'd "like" more than my 70 Roadrunner.