nitro injection ?

just added a spacer plate under my holly. came up with a crazy idea .wondering if a person could inject a thinned mixture of nitro into a mild street engine and build any big horsepower. seen a s-10 with a small block at a car show this weekend that had a homemade injection system that he was squirting into a edelbrock carb thru a port in the bottom. had a fancy homemade computer system so he could tune the mixture.looking for any simple ideas you folks might have and any input if it might even be worth while.something diffrent than a nos system plus love that smell of nitro