congratz... '90 should give you the lh2.4 so much better electronics...
head over to turbobricks.com and snoop around you'll want to do whats called "stage 0" before you do any mods... aka get it to where it was when it left the factory before you do more... basically a big full tune-up,
cap/rotor, plugs (stick with copper OEMish stuff... pretty much consensus that higher end is a waste, just replace em every other oil change or so), plug wires, fluids, filters, fix any oil leaks, replace or clean out the breather box (sits under the manifold... the hose going from the intake hose goes to it) replace the gasket under the oil cap if yours is leaking/spraying out from the cap (you can usually flip them at least once if you are on the cheap), also a good time to replace all the hoses and belts under the hood (vac and coolant) also will want to pull the codes from the car to make sure everything is right
http://www.brickboard.com/FAQ/700-900/EngineOBDCodes.htm#GeneralNotesonOnBoardDiag...
once you get that basic kind of stuff done then it's time for some fun :)... a MBC (manual boost controller), GOOD boost gauge (not the junk OEM stuff) and an a/f gauge
anyway read over this... it covers pretty much everything :)... and remember... 200rwhp in these cars is pretty stinkin quick...
http://web.archive.org/web/20040624005408/mcbrooms.com/volvo/fast700.htm
welcome to the club and enjoy the new toy :)