I think he is talking about a "Edelbrock Performer Nitrous Kit"....not the intake...
http://store.summitracing.com/partdetail.asp?autofilter=1&part=EDL%2D70001&N=700+115&autoview=skuJust my understanding. And yes, the bottom end does have a big part to play in how much you can run. The tune dictates about the same. You go lean, and detonate, you'll break anything. You stay nice healthy tune, good wet shot, i wouldn't hesitate spraying my cast piston 318 a good 100hp shot. Now however, i wouldn't lose sleep if it let go...its been through hell already. lol
When i refer to a "wet kit" i refer to a Nitrous + Fuel "shot". A "dry shot" is just that, only Nitrous, no added fuel.
A dry shot, you either have to be running really rich 'off the bottle', or a small shot on a fuel injected car to be 'safe'. Since you have no added fuel with nitrous, your chances of going lean rise quickly.
A wet shot is safer on carb'd applications. The added fuel with nitrous actually will hold the same a/f ratio as you have currently. As long as the fuel pressure is there. So theoretically with a good fuel system, wet kit, and a n/a WOT tune of 12.5:1 ~ 13:1, you can spray it and still stay in that 'safe' range. Also have a hearty ignition.