Well obviously some of the older guys here are pretty set in their ways... :D j/k
For reference, my car weighs 2440lbs with turbo swap, big intercooler, recaro seats, full interior, roll cage, R200 swap, 10" sub, big amp, other speakers, and sound deadening. I don't know exactly what the turbo swap added, but I would hazard a guess that it was less than 40lbs, which except for an all out, balls to the walls race car I think we can consider negligable.
I think for the Z to be a good all around sports car, it needs a minimum of 2.8L displacement as well. I would certainly jump on the chance to have more displacement, but I'd have a turbo as well. (I like the power delivery, I like the advantages, even if no one else believes there are any) For a given power level a turbo equipped car is more efficient than a non-turbo equipped car... hence the reasons so many OEM's are going that route these days.
As for drivability, power coming on in corners, etc. I find with a bump in compression from stock, and the stock T3, as well as a lightened flywheel, free flowing exhaust, and agressive timing, that there is no issue with boost hitting in corners and upsetting the car. The power delivery is quite linear compared to many other turbo cars I've driven. (DSM's, SR20DET equipped cars, etc) My car may not have tripple weber throttle response, but honestly I think with a GT series turbo that is sized for mid range, I'm going to be damn close.
I think over-turbo'ing an engine these days is a bit like the overcamming of engines that was happening for so long in the good old days. Too much cam isn't a good thing. You might make nice dyno numbers but beyond that you are suffering...