Unless your detonating then no, octane booster is not going to give you any increase in HP. Most octane boosters on the market are 90% Toulene. You can buy Toulene in hardware stores in the paint department for about 1/4 of the price if you want to save some money. Toulene is 114 Octane and unless you mix it in high percentages it won't do anything. For example 10 gallons of gas at 87 and 1 gallon of 114 = 89.4 and thats a 10% mix! At higher percentages you may need to rejet the carburetor.
All octane is, is a resistance to detonation rating. High temperatures and high compression requires higher octane or the engine will ping and run like crap. Most race gas will make more power because of the fact that it burns slower, slower burning fuel will actually make more power. You may want to check this out,
fuel octane vs power.html Unless your engine is totally tweaked out don't waste your money on boosters or race gas.
Air cooled engines can some times benefit from 92 oct gas in hot weather. But then again only if its pinging.
Jordon