You do NOT want to be using the 12lb boost rating for take-off on a regular basis with an early Merlin. EACH and EVERY use of the boost override switch had to noted in the log book for the engineering officer to determine any extra maintenance procedures (changing plugs and oil inspections) and shortened time between overhauls.
If you had to use it on an existing airplane under bad conditions that is one thing, PLANNING to use it on a routine basis on a NEW variant of aircraft is poor planing.
1200hp is also a bit optimistic for take-off.
The R.M.S. 2 specification ( none produced ) called for 1000hp at 3000rpm at 8 1/4lbs boost with 100 octane using the same supercharger gear as the Merlin III.
Please note that there was a bit of strengthening going on even with some of the Merlins that came right after the MK III, VIII and X. The Early Merlins were still restricted to 2600 rpm amd 4-6 lbs for climb while the slightly later ones were allowed to use 2850 rpm and 9 lbs boost for climb.
The Merlin VIII was good for 1080hp at 5 3/4 lbs for take-off on 87 octane.
The Merlin XII was rated at 1175hp for take off at 12 1/2 lbs boost. at some point in their production both the VIII and the XII got stiffened side panels to the crankcases, longer cylinder stud bosses, longer cylinder studs, the cylinder spigots were made slightly longer amongest a few other modifications.