this is bruzer's friend, a Turbododge freak and know a thing or two about these kinds of things (only got 10 years under my belt with these cars

)
Anyway. The .63 would be adequate with almost any street driven engine over about 140 cubes... the airflow IS important, but so is velocity.
By putting a turbo on one of these engines, you're taking a step in the right direction

But going to a little bit beefier cam, as well as running a bit on the rich side and playing with the ignition curves will also yeild many interesting results...
For the longest time, our little dodge 2.2L engines were supposed to stick to the .48 AR turbine housing and not go much bigger because we just couldn't flow enough air... well, after about 8 years of doing that someone finally ran a larger AR, and guess what? more power!
If you have a decent exhaust manifold, the larger AR isn't going to hurt much at all, especially if you stay with a stage 1 wheel - going beyond stage 1 (stg 2 or 3, or 4, or whatever) will increase flow through the housing but it'll take MUCH longer to spool!
Just to put it into perspective, our little 2.2's are now running turbo diesel HOLSET turbos!! they're huge turbos! and our engines have little to no problem with them on the street with even just a stock ported exhaust manifold (which is horrible btw).
By retarding the ignition a bit, you get a little less punch out of the hole, but a heck of a lot faster spool because you are effectively pushing burning gas through the turbine, forcing it to spool faster... There are many aftermarket 'piggy back' computers that do this with stock turbo'd fuel injected engines, when between shifts it retards the hell out of the ignition to keep boost until you get the next gear - sounds like hell and makes lots of fire, but works...
I'd recommend the .82 for one reason only, it gives you room to grow. A .63 would probably work REALLY well, but will limit you in the HP you can make soon after installation... and as you'll soon find out after turboing an engine, you 'get used to' the boost and always wanna push it higher... I've gone from a stock level of 7lbs to 15lbs on a street driven FWD charger... LOTS of fun.
The .63 will probaby support in the realm of about ~250 hp, which is the real story here... .82 will get you much over that, but will ALSO work well in the 200~250 range quite well, so long as its TUNED right. And if you can't tune, then a turbo isn't for you anyway...
Another note, and a major pet peeve of mine! DO NOT ASK HOW MUCH BOOST. Boost means NOTHING AT ALL. Horsepower is the name of the game - I can build two completely seperate but very similar turbo 4 cyl engines that will both make the exact same HP, but at very different boost levels. Boost means NOTHING - air flow and horsepower are what really matter here.
To figure out how much boost you want to run and what you should be looking for, first figure out how much POWER you want, then figure out the flow that is required to attain that (there are free calculators everywhere online!). THEN determine the amount of boost you're gonna need to get that HP #. From the HP figure, you can determine injectors, intake manifold design, exhaust manifold design, turbine size and trim, compressor size and trim... etc....
I'm the one that has shown bruzer Turbo's unleashed... why? sure, they cater to dodge mostly, but you know what? the guy knows his stuff! CALL HIM, not just email, and discuss what you want to do. He'll make far more recommendations and know far more than anyone else you'll be able to track down. BUT, get the figures for your engine first, know what kind of flow characteristics you're dealing with (get hard numbers!), know your displacement, compression you wanna run, and rod/stroke ratio - or call Chris at turbos unleashed and see what he'll need.
BTW, Chris has got to be one of the best guys I've met, I've actually met him in person and done business with him - very slick guy and great to deal with, he's also TOP NOTCH in the customer service business. He warantee's ALL turbos for a year (or was it two?) so long as you have new oil supply lines, which he can probably even make some for you for a custom application!
okay, enough with my ranting, I feel like I should go take a shower for being on a Ford forum for so long

haha, j/k *runs from the flamage!*