starspangled: Go for it. Cost is really the only inhibitor. Injecting water or a mixture is not complicated, but will cost you $600-$1000 to do properly or around $400 to do "pretty well".
Inject a highly atomized mixture (or just distilled water) at about 20% of your fuel mass (starting as...
Pre-turbine combustion anti-lag strategies have been used for quite some time in racing with excellent results (most commonly found in rally cars).
http://www.rallycars.com/Cars/bangbang.html
It's incredibly loud and will never make it to production vehicles in that form.