I'm 'll be in a similar situation using a Hydrobooster and not having power steering gear box.
My plan is to use the lowest flow Saginaw "Type II" or model "TC" pump and ensure it is the correct pressure for the hydrobooster.
http://www.summitracing.com/search/...g-pump-model/gm-type-2-saginaw-tc-seriesMore info
http://www.tuffstuffperformance.com/PDF/TypeII_PSP.PDFTrouble is they made so very many versions of those pumps and I have yet to figure out which one is best suited, some are even reverse rotation which might be handy depending on how I mount it.
With the pump I'll use a large remote reservoir. The hydroboosters use "a spoon full" of fluid with each application, otherwise all the fluid that goes in is returned in this case straight to the reservoir. They don't need a lot of flow if you won't be using a PS gear box as well.
I would not use an electric pump because of the cost, complexity, and potential troubles in comparison to a simple, cheap, and proven PS pump system.
Grigg