I happen to listen lots of "Pro"s that smaller cc engines dont have enough boost they cannot handle pressure bla bla bla.... but then I found out its not exactly true....
some more links for your interest:
Monkey - ?????? - ???????? ???????????*???????????? - Yahoo!???
Supercharged Honda 50 Racing
Yes there are people who can make it...
Cost wo tab bataty hain when you pay them in advance.
No exactly but I do know few people who own same bike like this and made it out of GS150, estimation ye hai k bhai jaib men aik do lakh rupya ho tu he panga lo or you will waste it.