I personally don't think 8:1 is necessary
You can think all you want. I know.
Without octane boosting it will be. It sounds like you never in your life built or ran anything on pump gas that made any significant hp/liter.
Also, on a built engine or a hobby car there is no reason ever to have a compression ratio that is going to limit your power output and raise your EGT, as the only thing that will suffer with a lower CR is fuel efficiency, and at higher CR everything BUT fuel efficiency suffers. Reliability, thermals, power output etc.
plus with the catcams it will lower actual compression ratio even further.
I don't know why you keep on repeating this, because this is blatantly false. All things being equal to make a certain torque you need a certain cylinder charge.
This cylinder charge will be compressed based on the compression ratio. If you have leaky cams with overlap, it just means you need more flow to get the same cylinder charge.
In the end you still have to get and compress the same amount of charge into the cylinder. And what cams you have does not matter. Cams do not affect this whatsoever. Engine breathing will determine how much charge pressure you need to run to get a certain cylinder charge, but not how much torque it's going to make with the same cylinder charge being compressed after the valves are shut.
If at a given cylinder charge you are knock limited, you will make more power with a lower CR and the same cylinder charge, and of course there is less heat.
What does affect CR is if someone cuts a chunk out of the combustion chamber, after which the volume of the cylinder has to be measured using liquid to again know the true compression ratio.
If material is removed from the cylinder head, then the 8.5:1 piston can become 7.8:1 really quickly.
Btw, it's a really shitty idea to have overlap on a turbo engine higher in the rev range when backpressure starts being a factor. It completely destroys power output.
Guys are making 500whp+
Nothing to say to such internet gods.
My recommendation is to curb your enthusiasm until you have actually achieved something.
I don't need to look at what "guys are making" because I have my own hands on experience.
And there's a huge difference between a short dyno pull and sustained EGT.