I did some fuels testing for a company that builds turbo pro mod engines. We found that the benefits of alcohol aren't nearly as much as everyone else says on the internet, I know that'll be an unpopular opinion. Even scarier was the very neglible peak power difference versus C16. Oxygenated fuels were also overhyped a lot, everything comes within a percent or two once you spend the time to get the tune right, for each individual fuel. C16 (and similar fuels) likes to run low mid 12s AFR, leaner lambda than what you'd run alcohol to make the engine happiest.
Also, I know for a fact you'll be able to start an EFI alky engine down to at least 50* F cold soaked (left sitting outside overnight). Tina Pierce's truck (girl from Street Outlaws TV show) has 16 x 220 lb/hr injectors, 8 of them sequential, and the truck lights right off *again with the correct amount of fuel* without preheating, etc. And it even has a mechanical fuel pump, properly set up it pressurizes in well under 1 second of cranking the starter. We idle the engine near stoich, it warms fast and doesn't milk up the oil. Few people are familiar with methanol on EFI, most knowledge and advice comes from mechanical injection guys who don't have nice things like Warmup enrichments, cranking pulse control, or even an accel enrichment / pump. M1, M5 are really not that bad to deal with on EFI in my opinion.
But honestly, if you're expecting alcohol to bring extra power to the table - it won't be much, and likely not worth the price of admission, based on my experiences. I also don't believe in fast spool turbos on the salt, just no point in something that'll require power management to keep from spinning the tires (which, coincidentally, you will have).
-Scott Clark