I believe Don Lasotas tuning manual says you can run 18 degrees at 17PSI on a stock 03 Cobra on 93 Octane. For any 1lb increase in boost you must drop timing 1 degree. For every 1 point increase in octane you can increase timing either 1 degree or boost 1psi.
So if you were running 94 octane you could run 19 degrees at 17PSI, if you're running 91 octane you should probably be 17PSI at 16 degrees. Fuel usually controls what your safe limit is.
This is what I've followed. Also, Don has never led me astray in the years he's helped me. For the 3.1 pulley, Billetflow said the pulley can give 3.5-4.5lbs over stock boost (8.5lbs). That'll give me 13lbs at the max according to Billetflow (I've only seen 11.78 on the dyno but I'll be cautious and stick with the 13) so that give me 22 degrees and I set it 1 degree under that at 21.
I took a WOT run on the street and didn't run into any detonation so I'll stay there and check it all out on the dyno.