The red '972' sticker on the timing belt cover is the last 3 digits of the engine's part number, which is 498972:
B23E with Pulsair, K-Jetronic. 1336775 cam (i.e. K cam), and Bosch 0 237 002 017 dizzy. The parts book says it has a p/n 1317612 head, but I don't know what casting number that is. (The casting number for the head appears on the exhaust side of the head, and will be something like 1000161, 1000398, or 1000405 - known as the 161, 398, or 405 heads -ordered from least to most desirable. However, each casting has various different part numbers depending if the head's been drilled for Pulsair, etc, and the parts book doesn't link casting numbers to part numbers).
Engines before #3650 are slightly different partswise to engine numbers 3651 on.
Is the mechanical injection tweekable in the future?
Who knows about the future? ? In the present, however, there's not really much that can be done with K-Jet to radically increase engine output. Fuel pressure checks, cleaning the injectors and fixing vacuum leaks helps it to deliver optimum performance for what it is. Ditching the Pulsair system and plugging the holes may be good for a couple BHP, but will then likely fail roadworthy.
B23 engines with their M-rods, forged crank, and generous bearing sizes however do make for a very strong bottom end.