Standard ECU, eh? It's an L28 with factory injection?
In that case, some easy mods will lift the power considerably.
Change the injectors to VL turbo Commodore, fit right in and good for 250cc vs 205cc.
Replace the throttle body with one from a VN/VP Commodore, this requires an adaptor but any reasonable machine shop can do that as it's pretty basic. Use the VN/VP throttle position sensor (in fact use as much GM sensor stuff as you can, less headaches getting things calibrated).
Toss the AFM, you want to be using MAP with a replacement ECU anyway, something decent (and digital), I've used Megasquirt with good results.
Install a wideband EGO sensor and btw I couldn't find enough difference in stock exhaust manifold vs extractors on a motor this mild to bother paying for extractors.
Duct from the throttle body to an enclosed type air cleaner, R31 Skyline is pretty easy to adapt, then set up its inlet to pull air from ahead of the radiator (over top of the radiator support panel works well).
If you have one, install an 'A' cam from an early 240Z.
It takes some work but about 160RWHP without being a cantankerous bitch to drive makes it all worth while, particularly in a light 240Z.
A lightening trick I've seen is to decide on what bits will rarely if ever have to be taken out / separated etc and use aluminium pop rivets to hold them together! The same team was using aluminium bolts / screws etc for securing front fenders on, headlights in, in fact anything they thought they could get away with!
Never gone that far myself but it's worth considering.