The reason to not give a darn about torque, cause unless your competing over dyno numbers, it what gets to the ground which is more important. Torque is mainly based on size in a NA engine , same with powerband and needed gear which tends to even out if everything is setup optimally . Say an engine needs about 650 cfms of fuel and air to make 400 hp and both engines have a VE of a 100%. A 440 at 5100 rpms will displace 650 cfms of air, a 340 will need 6600 rpm. A 340 is about 3/4 the size of a 440 and a 440 needs 3/4 of rpm than a 340 to displace the same amount of air. "cid x rpm / 3456 = cfm" Most mid built engines will make 1.15-1.25 lbs-ft per cid so say 1.2 per cid. So would give a 340 408 lbs-ft and 440 a 528 lbs-ft.
So say a 400 hp A body does 115 mph in quarter mile and you want to hit peak power at the finish line, a 440 would need a 3.70 gear to turn 5100 rpm and a 340 would need 4.78 to turn 6600 rpm. Again 340 is about a 3/4 of a 440 and 440 needs about a 3/4 as much gear. Now times torque by gear to see whats going to the ground 528 lbs-ft x 3.70 = 1954 lbs-ft for the 440 and 408 lbs-ft x 4.78 = 1950 lbs-ft for 340, Hp is what counts the rest is proportional, if geared right everything tends to equal out.
There's no free lunch, cubic inch don't give bonus power ie. torque.