What factors into deciding on whether to over-balance a crankshaft vs. using a standard 50% balance? And when over-balancing, by how much is the balance factor adjusted, e.g. 1%?, 2%?

Is this combination a candidate for over-balancing?
- 650 (est) HP street/strip application w/ emphasis on track performance
- expected shift RPM of 6500+ and peak RPM est. of 7200 on big end
- 3.75" stroke 440 w/ steel rods
- standard bob weight calc = 2496 grams
- highway cruise RPM (driving to & from track) ~3500