Today, dollar for dollar, is the 318 faster than the 340 ???

Freshened 318 magnum,
I know it was a junk converter, precisely my point. So, if a car does 110 in the 1/4 mile, and weighs 3200 lbs, calculator says "***" horsepower. A guy changes converters and the mph goes to 113, calculator now says "***" hp. Reality, he always had that HP. Now, the converter is only ONE example of all the many things can effect the MPH. What if it's a full size Van??? Wind resistance will slow up MPH, but the HP is still there. That's why I said the calculator is generic at best for figuring hp.
What if you're an internet supermodel and you look absolutely fabulous going down the track but you don't know how to drive... Shifting gears in too soon or too late...