1. Nitrous, a bit tricky though. Bring it to a shop that is known, and has done it before with good result.
2. Cam, head work, probably bump the compression through shaving head. But, I think injector change may be needed. The power commander may be enough to increase fuel delivery. Otherwise you will need to trash the stock ECM for an aftermarket injection box.
If you want to leave things internal to the engine pretty much as is, 200 HP is tough goal.
Call the expert shops. I do not claim to be a high perf. motorcycle engine builder. Auto's I'm not bad and know where to go and what to do. Bikes I'm learning like alot of others. Yoshimura has claimed to reach this 200 hp mark with a Busa with stock pistons. but, I believe they changed cams, fuel injection, removed the counterbalancer, etc.
If you have the cash you can get it. Hang in there, others are doing things now. I think Frank gets his back this weekend. His has more than a little work done to it though.
If you get there let us know. I am sure others more geared to true high performance on this site can help.
Bob