Should I chance it?

The difference in Net and Gross is the accessories on and functioning and the exhaust system. The drivetrain loss is not taken into account. So a Gross rated 318, in 1970, had 230 gross flywheel hp. That was the engine, driving the water pump and fuel pump, through manifolds. A 5.2L Magnum 318, was also rated at 230 flywheel hp. But it was rated with the water pump, power steering pump, and AC compressor w/clutch engaged, thru factory manifolds and exh including the cat. At least that's how I understand it.

Agree- that's another way of explaining it.

"At the crank" doesn't give enough information.

...Especially if you are trying to compare crate motors or magzine build dyno numbers to factory figures for motors that came installed in vehicles.