I'm not sure how many folks really do these mods just for the raw hp increase. $ for $, I don't think it's a great deal. I think most folks do the exhaust so their Sweet Viper doesn't sound like a UPS truck. The DC flash is a great way to smooth out the overall perf of the engine, idle nicer, etc., peak hp increase for the dollar on that piece isn't very exciting either from what I've seen. If you're friend is not considering going supercharged, a set 3.55 gears would really liven the car up. The last thing I want to sound like is cocky, but I've only had 500rwhp play cars the past 15 yrs, with 3.55-4.11 gearing (except for my lsat Viper), and my SRT/10 with its 3.07 and 450+ rwhp seems too smooth to me, I'm too used to the shorter gears, so I'm really considering this to get a more "ripping" feel on acceleration. I've never been big on big peak hp numbers, more about how fun the car is to drive .. but bragging rights are cool.
As for the 08, it's got a lot going for it than just the 100hp increase. It's whether all things added up make it worth going for, plus having the latest is greatest is .. great. Personally it's a money thing for me, I'd rather get the 08 hood & a Paxton setup and aftermarket rims, great updated looks & 700rwhp for less $, but for me it's about the bang for the buck.