It will be both. I'm looking to do a 5 nozzle system to run a full time race file, similar to what you've been doing. I've hit a fueling wall with my k04 and need to get an aux fueling system of some sort to get the most out of my current setup. So why not go for a more aggressive map while I'm at it?
I got up to probably somewhere in the 340's with a K04 and the problem with taking the K04 further is that the turbo is well out of its efficiency range at that power level and is generating too much heat to take it further, not really fueling. It is just a small turbo and that is about its limit. Aquamist is cool but much more money than you need to spend if you are going to stay K04 to get the job done. Going direct inject not necessary to run a full time race file with K04. I ran mine for 4 years with a race file and dual nozzle setup and only 50/50. I went with Aquamist 5 nozzle system running 100% methanol for the newer build with the EFR7163 turbo.