It is entirely possible, however you will need WAY more than just the SC. Just for the top-end alone, and this is on the assumption that your current motor is in excellent shape (compression, bearing condition, etc.), you will need...
L27 or pre-96 L67 heads
S1 L67 intake mainifold
Maybe L27 exhaust mainifolds (easier to find than L67 in non-cracked condition)
L67 harmonic balancer
ECU and harness (will need boost control)
Injectors and rail
Your transmission would probably give up the ghost before your engine will if you do this.