Having run a 60mm HX40 for a couple years with a few wire-tap boxes and injectors than ran from 60hp to 240hp I would say that particular HX40 wouldn't be a good upgrade. The 56mm inducer really isn't going to give you much more air than your stock HX35. An s300g would be better, but even then its still a 57mm turbo. At a minimum you should look for a 60mm HX40, but beware, the larger wheel can make them prone to snapping the shaft if you bark it to hard since its the same shaft as your HX35. Something in the 62/68/14 would probably make you happiest, but expect to pay at least $900-$1000 bucks for a good used one.
You could save some money and retrofit an He351 from a third gen on there... It has the same size 60mm inducer as the good HX40, but is more robust. The stock exhaust housing can be a bit restrictive on the topend, but it can be ported some to make up for it. A good used one can be had for $3-400 bucks if you shop carefully. Watch out for ones with the aluminum compressor housing turning brownish where it touches the center section though. In the ones I've seen, its a sign the previous owner ran it pretty hot and the heat leeched into the compressor side. While it still might be in good shape now, the bearings might have a shorter life.
For the price, the He351 is a good option. I almost went that route myself before I went hog wild with my p-pump swap LOL