The only real problem is if you install a pump with high pressure relief (1200 to 1500 psi) in a Corvette with a production linkage booster type assist system. The special Corvette 1/4 inch ID power steering hoses were designed for only 1000 psi max (I am not sure about the rating for the control valve). So you definately want a low pressure pump (900 to 1000 psi) with the production C2/C3 power assist system.
Now if you install Borgeson intergral power gear or a rack and pinion system, you will be using special 3/8 inch ID power steering hoses that should be rated for higher pressures. From a durability standpoint, it is best to use the lowest pressure relief that still allows you to steer the car with the engine running, the brakes applied, car not moving, on a concrete surface.
With prototype and production GM cars and trucks we used to carefully run tests to determine the lowest flow and the lowest pressure that was needed to steer the car under the worst conditions. Cadillacs used to require 1500(or slightly higher) pressures. Other GM cars were in the 1200 to 1450 range.
With the pampered, low mileage, vintage cars, (but not C2/C3 Corvettes) it is not that big a deal to have somewhat higher pressure systems rather than completely optimized pressure and flows.
However, if you change from a lower flowing pump to a pump with very high flow, the feel of the steering could become lighter and too responsive. I know that this doesn't sound correct (but trust me). It is not the pressure relief of the pump that is dictating the amount of assist, it is the flow from the pump and the action, reaction of the valving to that flow that provides the feel in a power steering system.
BTW, in a comparison study that I did a couple years ago, I did not find that the hydraboost brake option required that the relief pressure of the power steering pump needed to be increased over just a production power steering system. So if your power steering is functioning properly, adding hydraboost brakes should not require higher pressures or flows.
Jim