I am the biggest fan of turbos. I always tell people every car I own from now on will be a turbo if possible. Me and a buddy really talked long and hard about building a boosted ls3 for when I get the slc. I chose not to for many reasons.
1 It not cheap to boost a v-8. After the engine price, forged intrnals, reworked heads, cams, dry sump, and turbos. It would cost you as munch if not more then a ls7.
2. Like fran said the cooling. You would need a custom intercooler made if going for a tt build. Intercoolers are not cheap period.
3. Not always the best bang for you buck. I say put on a super charger for half the cost and get the same hp number.
4. Turbo size. Go to small your spooling up to fast. Then you have wasted boost not doing any thing. Go to big and you might never get boost.
5. A lot more to go wrong with two then one. One can be bad enough.
6. Turbos hate high temps. I try to stay out of my boost on my daily driver if the temps are over 80 degrees.
The goods
1. A turbo howl is a munch better sounding the a supercharger.
2. The whoosh sound from the wastegate get old fast. But that can be taken care of. I plan on doing this to my daily driver.
Turkey Call BOV - YouTube
3. When you hit the boost it will throw you back in you seat.
4. After a good drive of pushing 15 pounds of boost. You will have a dumb smile on you face. Kind of like when you were a teenager and got laid for the first time. Yea turbos are that fun.