I don't even know where to start...
OK, any combustion engine converts chemical energy into thermal energy and the thermal energy into kinetic energy. How well the engine is able to convert the heat (thermal energy) into power (kinetic energy) is quantified by the engine's thermal efficiency (which is between 20-30% on most modern engine0. The higher the compression ratio of the engine, the higher the thermal efficiency of the engine is going to be. The maximum amount of compression ratio is dictated by the detonation threshold of the engine - which is affected by the quality and octane rating of the fuel, temperature of the intake charge, ignition timing, etc. Here's something shocking, though: Forced induction does not affect the engine's thermal efficiency. Forced induction increases only the volumetric efficiency of the engine. Of course, the easiest way to reduce chances of preignition and detonation is lowering the compression ratio of the engine, but with lower compression also comes lower thermal efficiency, and although the power gained by increasing the volumetric efficiency of the engine outweights the power loss as result of lowering the compression ratio, it's just like robbing Peter to pay Paul - which leads to conclusion that boost versus compression is never ending compromise between volumetric and thermal efficiency of the engine.
The detonation threshold of the engine is also affected by the design of the combustion chamber and the pistons and two different 9:1 compression engines may have completely different detonation thresholds. As general rule, the combustion chamber should have very small volume which can be achieved by converting the squared circle design of our 4G63 heads into cloverleaf by adding more material and reshaping the combustion chambers.
One also has to realize that it's not boost what makes HP, but the mass of air and fuel mixture in optimal ratio (= chemical energy) one is able to stuff into the engine, although boost increases the volumetric efficiency of the engine - which would consequently bring us to turbo selection.
In simple terms, the compression ratio should be chosen more or less on individual basis since higher compression reduces margin for error. In general, any higher compression than 9:1 in case of our 4G63 engines in stock form is not recommended for street use on pump gas. 8.5:1 will leave considerably large size of the tuning window with enough range to compensate for low quality gas one may occassionally take, reduced intercooler efficiency in hot weather or increased intake charge temperature with turbo ran out of its peak efficiency range. The 9:1 engine will make approximately 2% HP more than the 8.5:1 engine due to increase in thermal efficiency, while the 8.5:1 engine is going to be able to run approximately 2 psi higher boost levels than the 9:1 engine (based on effective compression ratio) - and that's where the turbo selection arises since 2 more psi on maxed out T25 or 14B won't do much good (that's why boost does not equal HP).
Personally, I've gone with Wiseco 8.8:1 pistons (for a bit more safety), but 9:1 Arias or Ross pistons are perfectly streetable on pump gas as well. 9.2:1 would require some very careful tuning and 9.5:1 would be playing with fire... JMHO.