"Squeeze" is a nickname for the bottle. You can always "squeeze" some more HP
How much boost you running peak sustained? This also controls how much power a LB7 is capable of making. Some folk aren't comfy with running over 30psi with the IHI charger, since there have been failures starting at about 32psi, and nearly 100% of them fail at 40psi.
IMO, your sea level HP is going to be about 490-495 based on the info you posted.
Yeah they printed out my corrected numbers and the sheet says CF: SAE Smoothing: 5 Max Power= 528.99
When i was on the dyno my boost gauge jumped over 30psi. On all my tunes i ran with a 50/50 mix of meth my EGT's never got over 1200*