I am building a 2.0l 20v stroker that I hope will be capable of over 500ftlbs before it grenades.
head is the weak part. replace all valves, springs retainers, guide, consider single groove collets if you expect to go over 8000rpm.
stock cams are fine.
porting is expensive bang for buck, stock is fine unless you are trying to squeeze that extra 50bhp out of it.
the stock pistons are fine for high hp unless you want to overbore
change rods, lots of options with prices from $350 - $1000
stock crank is fine, cast or otherwise. (see below for main caps)
get your crank dowelled and fit a new crank sprocket and bolt (this is a major weak point)
new bearings/seals throughout.
new oil and water pumps (metal impeller)
some people use billet main caps but IMO its a bling upgrade based on spec sheet **** measuring. can't find anyone who has blown an engine in a non race environemnt due to caps.
that said a good set of main studs and head studs are always usefull.
lots of clutch options depending on power
Southbend do one of the best clutches for the 1.8t. they also do SM flywheels, which you would probably want
choose your suppliers and parts well and you could do all that for £1500 -2000 assuming you are doing the labour.
buy in the US!