Two words: Grey Mole. If you can get in contact with him (haven't seen him on XS in a while). IMO he is one of the best, if not the best, phase and cascade builders out there. When i was seriously considering an SS or 2 stage, i talked with him a ton. Great guy, even better builder. He tunes his units better than Sdumper and RunMC, and he sells them for cheaper, with a 1 year warranty i must add. He works in HVACR for a living, so he builds his units for fun. He sells the so cheap because he likes building them for the fun of it, not for the money.
His work speaks for himself too if you look through his stuff. (all threads started by him on XS; some phase stuff in there:
http://www.xtremesystems.org/forums/search.php?searchid=22381987). Many of his builds seem to use 3/4hp compressors and are tuned for -4x* to -5x*C at 300-350w. He also has been able to tune for 500w at -25*C on one build of his i saw. Also for fun he was able to get an SS he made with a 1/2hp compressor to run -100*C (unloaded, but still, pretty sick).
Halo, if you build, a 3/4hp compressor or more would be what you should get. Also, if you want -40*C at 300w, be prepared for tuning alot and mixing gases. There is a ton that goes into building and tuning (and really tuning, not just using huge parts to get the temps you want)...
Or you could just go to ln2 and make things alot simpler.