You can add up to 50% of the fuel flow
in water or Alcohol/Water mixture, over
50% alcohol water has no additional benefit
I don't know if you will really get any improvments
in performance, you can advance the timing with
less or no ping, I think you will need to increase
compression in a N/A engine to get real HP gains.
On the other hand, lowering compression and
adding some forced induction is a good way to use
a Water injection system, and one that I can say
is too much fun in a Zuke

Wild