I believe this to be true in a Supercharged engine since the engine produces the power to move the blower from the crankshaft. However I believe that this is incorrect in the Turbo engine since there is "No" power being taken to move the Turbo. I personally seen a smallblock Chivy that produced a bit over 400hp alone. After the 2 turbo's were installed it produced well over 900hp @ 20lbs boost. This proven on a dyno!
O' a stock 383 produces 335 hp stock. This was said to be with all assys. and at the tailshaft of the trans.. Furds and Chivy's were rated at the flywheel. I have seen the 383/496 produce nearly 600hp.