Super charging is a little bit different than turbo charging since the with a SC the amount of boost is dictated by the amount of load (RPM) the engine is under. A SC system behaves more like a NA system, as in its more of a linear boost gain than, more of the on off (on boost, then shifting) of a turbo system. Fuel maps are more like a NA map also, than one for a turbo system. And honestly the 7 psi of boost isn't enough to have to retard timing. With a SC system you can just put in bigger injectors (with vac advance disabled) and put on a smaller pulley.
You are also forgetting spark dwell timing, which is mechanically dictated. If you advance the advance plate and adjust the dizzy housing to compinsate, it will shorten the amount of spark dwell, which is not good for idle.
I have 2 L28 engines and have one of the dizzies in front of me. So Bernardd how do think I should accomplish retarding timing.