I built a 1397 for a guy a few years back.
Ported head, bored throttle bodies, Web cams, APE springs & pins, modified JE pistons, Carillo rods, lightened crank, small airbox mod w/ BMC filter, Ti Force pipe, PC2.
It made like 218 hp with some mapping, could have used more time on dyno but the owner cheaped out.
The owner was all bent out of shape because he felt he spent a lot of money and got ripped off because he heard about all the 230 hp 1397's.