My powerplant as it sits. 07 Ecotec out of a Cobalt.
I believe this is a great choice. I have some familiarity with these engines, but I learned a little more today out of curiosity. I assume this is an L61 Gen II, which appears to be the pick of the litter. High strength block, larger port heads, modern ignition & timing sensors, better ECM. Clearly your professional tech knowledge is an asset on this project.
When you say "big turbo" I'm guessing you aren't using the GM performance turbo kit-it will be interesting to hear the combination of components you choose. I don't doubt the 400+ capability. I'm also anxious to see the combo of transmission and rear end ratio (and tire height) you go with. I know the 2.2 turbo in the Cobalt SS was strong, but it seems like the power band was way up there.