I agree - buying a big pump is a common error but harmless (except for the $$$!).
Figuring out the line sizes and choosing the fittings is much more difficult, frequently done wrong (1 90° plumbing fitting ruins the whole thing). I've seen many serious cars with "just that one" fitting re-used from the old system, and it was too small.
Also forgotten: a comparison of line size is somewhat misleading. The 5/16" steel line from the tank with a big mechanical pump won't handle more than perhaps 400 HP, but the same line fed by a high-press FI electric pump at 45 psi doubles the flow rate, you just have to regulate it down at the fuel block.