The stock unit will definatly hold the engine back, but one from a 454 or a Holley 670 *should* handle it...BUT you will either have to learn how to burn your own chips (really not that difficult, if I can do it you can too) or find a GOOD tuner who is willing to spend the time needed to get yer engine running right. I'n not even going to go into the legalities of trying to register your vehicle or passing a sniffer inspection if your state has one because you will basically have to bypass the entire engine management system.
If you think that I'm against changing over to a carb, your right. Personally I think that if you have a balanced system tuned to take full advantage of the engine, you will make more power and better fuel mileage than with a non-managed, carbed engine. Yes it take MUCH more time, but I think if you stick with it, you'll be plesently surprised.
Oh yea, one more thing, you can always go with Edelbrock's bolt on MPI system that simply plugs into your current computer harness and just uses the TBI as a giant butterfly valve.