I am finding that people are getting braver with boosting thier normally asperated engines. The new Audi S3 has a CR of 9.8:1 and runs 1bar (14.7psi) of boost as standard. Thats 2ltrs with 267BHP standard.
I have been involved with a few Suzuki Swift GTi supercharger conversions. Little 1300cc engines with 10:1 CR and you can boost them to 15psi pretty reliably - but max power needs to be found and the ignition timing retarded so you loose 3-5BHP and the fueling richend up so that another 1/2 BHP is lost to make them 100% reliable. Lower them to 9:1 and 35-40psi

is possible (apparently) with the right turbo/supercharger
I am also intending to supercharge a 318is soon, but never seem to get round to doing it

. I'd just be looking at 10psi on that though.
The M20 and M30 engines I have no idea what boost they can take, but judging by the CR's they have scope for a fair bit. I know of a very high mileaged E36 M3 3.0ltr with 10psi of supercharged power too which is reliable.
All the conversions I have been involved with have had the biggest intercoolers possible fitted,
I guess anything is possible within reason, but some trick mapping would be called for to keep in check.