I am on my phone so I don't have the data in front of me but in one of the turbo threads I posted the TRD blower's compressor map. The problem with the TRD unit is that it was sized by Toyota to give a slight raise in power without making any changes to fueling and timing. The way they did it was by choosing a small enough compressor. The downside is when you start trying to hot rod that compressor you are doing a few things: you're off the efficiency of its compressor map so it's pumping lots of hot air and you're spinning it faster than it's made for essentially wearing it out quicker.
You can compensate for the hot air by running an intercooler and meth injection but once you cool that hot air down it contracts and you don't actually get a big increase over the stock pulley. Maybe a few psi.
Spinning the supercharger faster you certainly can expect a lot more wear, bearings, screws, etc. it probably isn't exponential wear with the speed increase but it is substantial. You can make 500hp out of a 2 liter motor but it's a lot easier if you start with a 7 liter motor.
If the engine is all built for forced induction and you want big power, it would be my personal recommendation that you start with a properly sized compressor for your power goals. If you just want to give the old girl a little bump in power and have all the parts already, I would throw the supercharger on in stock form and get an intercooler and call it a day.
Don't forget some of the forced induction headaches will be made worse being forced to run CA's 91 octane premium.