Street Chip: for use with pump gas (91-94 octane), and will also work with alcohol injection. 16-17psi boost in most cases (maybe a little lower with 91oct), WOT fuel will be set up for that boost level, around 18 degrees timing.
Alcohol Chip: for use with pump gas when alcohol injection is being used, timing is increased to around 21-23 degrees (depending on combo), boost is increased to the 20-25psi range, along with some other small tweaks to work better with the alcohol. Alcohol injection MUST be used with this chip. Excess knock will occur if the alcohol is turned off and you go to full boost.
Race chip: for use with race fuel only, high timing around 26 degrees depending on octane and combo, more WOT fuel for high boost. I need to know what your goals are, what boost range you're going to run, and octane of the race fuel. I can make the torque converter lock at WOT if you request it. I never set the torque converter to lock at full throttle unless specifically requested.