Talk to McMark at Original Customs on here, since he has the exclusive to build the Raby 2056, & look at his website (banner ads & member vendors section posts). Also go to the Raby website to read up on the 2056 & up T-4's.
Some of what you can do will depend upon what NY will let you do regarding the smog set-up, cuz the crapalytic converter etc. really sapped the HP, but in CA for example the 76 MY is NOT smog exempt - so it must comply.
The 75-76 GC 2.0 only put out 88 HP - just 8 more than the 70-72 1.7's 80!
... that compares to 95 on the 73-74 GA 2.0, which is why in late 75 I passed on a sweet deal from a local P+A dealer on an unsold 75 2.0, and got my 73 2.0 in Dec. instead (with 100% financing, lower interest & longer term new vs. used it was almost a toss-up). I drove both and the extra 6 HP made some difference, but the higher Torque in the GA was the real killer!
With the Raby 2056 & other up-built Type-IVs the HP gain isn't the whole story, let alone the big difference - since the TQ increases so much more than HP. I don't have numbers off-hand, but the Raby site & McMark can tell you.
That said - & assuming that you can indeed legally change the motor in NY (or anyone's home state) - when going with a stock GC to a 2056 with the D-jet, even going from 88 hp to 110-115 HP (maybe 120) will be a huge difference - in addition to an even greater increase in TQ on the order of +/- 40%! You'd have to switch to dual Weber 40idf 2-throat carbs to get 125-145 HP from 2056, but they're much more touchy for DD duty.
Also IMHO you're better off with EFI (stock D-jet on 2056 or Pertronix/etc. on anything bigger) on any 914 motor for a DD, because proper Weber dual 2-throat carbs really are a PITA to sync & get right!
With a nice & what appears to me stock 76 2L like yours, I'd strongly suggest that you just keep the GC fully stock, and get a solid GA/D-jet/HEs/etc. to build as a 2056, that way if you ever sell it the NO can always swap it back to OE, plus the GA setup is a better base from which to build a 2056 or other big bore.
That's my 2 cents!