Coupla thoughts on brakes from some past experience. Were I building a track car, I'd work backwards this time around. Ie, start with your tire/wheel package first (keeping in mind the brakes you plan to run, and future upgrades). If you are going to run it in a series, find the max wheel dia and width and (spec) tire if required. If no series, the sky is the limit. Josh's TD wheels (PR 1.2) have THE BEST caliper/spoke clearance you are going to find. 17x8" run around ~20, not super duper light, but reasonable, I wouldn't classify them heavy. They are very "open", great for cooling. Caliper/spoke clearance won't matter much if you run 11.6 or 13" Cobra's, but if you start stuffing TCE 1.1" or 1.25" rotors with 4 or 6 *** calipers, you are gonna need some space as the outside of the caliper starts to get out there. They are available in 8" width (about the min needed IMHO for a heavy car like the SHO) so you can nicely fit some 225/235 track rubber on there. I will repeat the last point because it's sorely overlooked, I'd get your car on the widest rim you can (typically 8" for the SHO).
Which brings me to my second point...rubber. If you want to stop, get some track tires. The best street tire in the world still won't grip like a track tire. The braking "limit" is when the tires go beyond the traction limit. Race tires are far, far ahead of street tires. yeah they cost a lot, yeah they wear fast, but run some laps with them, and you'll never go back. Tires stop the car, not the brakes. the brakes just slow the wheels. Assuming the heat stays in check, you could outbrake another SHO using 96 brakes and race pads on race rubber compared to some 6 piston 13" set up on street tires. Trust me on this. they WILL work your brakes harder though, more heat, so you'll want as much leverage (dia) as you can get, rotor thickness, and as high temp a pad as you want to go. When I TT'd my old 89 I ran a 12.2"x1.00 wilwood kit from TCE with WW "A" pads and ATE fluid. No complaints, other than at the time the FSL's were an option and they added stiffness over the BSL's would have been great. As mentioned above, I did get some pad taper, but nothing too out of whack. Typically I tried to rotate them from event to event, sometimes during.
The wilwood kit cost a lot to get into, but the replacement costs of the stuff is cheap. Like $8 seal rebuild kits for the calipers, and no slider pin and piston boots to burn up all the time like on the 96 and Cobra kits. The "A" pads last forever, are pretty cheap (check ebay) I have done 600 miles (2 days) at Road Atlanta, running hard, mid/high 1:40 laps and only used maybe half the material. They are ******* rotors though.
Also re: above, i would NOT run 13" brakes on a track under those 16x7" PR2