With a cko hx-40, I would be getting the boost dialed back pronto. I believe it was mid 30's was where people were having them grenade. The video I seen of one being tested went to bits at 38 I believe if I remember correctly. As to your power potential, that one is going to be tough to guess. I seen your 122 at 3500 with 166 peak numbers, but were those with a fixxed orifice or an injector set to 2500? I know I seen where somebody did some testing, and noted a rather large drop in fuel output once he crossed over 2350 pop pressure with a ds4 pump(not sure how the db2 pump would respond in comparison). 122 at 3500 should be enough fuel for mid to upper 300HP out of an idi, but as rpm's go down, fueling goes up, so you may reach peak HP down lower and hold it on up. I would stress to the dyno operator to not lug it down if you have it set to hold it in 3rd gear and lockup. Low RPM's is where you'll hurt the engine if you're going to, that's why I avoid running much fuel below 2000 rpm's.