Don't know why it wouldn't. I'm about to put just short of 500HP to my built 904. Have a converter built by a reputable company. I had PTC build mine, and you can specify having the weights welded on.

Matt
69 Dart Swinger 340
83 W350, Megasquirted with 46RH
Old news: 72 Demon street/race mobile
Latest: 70 Duster backhalf car
and even more