A better question for the guy who turns it up, but I would say that it is probably low risk. Depends on how you use your tractor and how much you turn it up. I doubt that you will be able to get more than 20 HP without changing injectors, but if you were to change injectors and turn up the pump AND you use it for really heavy work like plowing or running a big PTO load until the black smoke just rolls under power, well then you run the risk of blowing a head gasket, melting some pistons or damaging the bottom end. If you only turn her up a little then there is much less risk. If I were going to turn it way up, then I would want to add some guages (turbo boost, exhaust gas temperature and oil pressure).
Now you have me morbidly curious. Why do you want to turn her up? How many HP are you looking for out of this tractor.
FYI, I have considered upgrading mine to a 5520 ++, but haven't done so. Why? Just because it is possible and adding a turbo will quiet my tractor down a lot! I do not need the extra power.