I would not see any reason why you would not be able to do that. If you are seriously considering this check out another engine; the SR20VE.
It is only made in japan, but from what I hear you can get a used one for a decent price. Plus the moddability seems to be good too. I have seen a few people with B13's and they are pushing 200WHP with Cams (GA16 Cams), Japanese header, and exhaust.
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