Rebuilt LS1 under performing with cam/heads
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Your forgetting about the loss through the drivetrain as stated above. The Ford 9" eats up more power then a 10 bolt so it's a bit more loss there. I would say your near 400hp at the crank which is 50 more hp then stock had.
I HOPE something is wrong for you to have freshened up LS1 with some goodies in it and only making 340 RW.
My stock 95 LT1 M6 54k mi with CAI, full exhaust and tune makes 311/340.
I have no drag times since I don't care to drag race. All I do is autocross/RR oriented.
Once under power(throttle position and MAP based), your ecm will enter PE mode and target whatever it is set to (12.5:1, 12.7:1...whatever), that number is independent of HP.(even Hondas target a richer AFR under power).
There are a number of maps that could be dialing back power: Intake Air temp can reduce timing, as well as coolant temp. There are also several maps associated with your DBW that either limit total opening or limit position based on abuse factors.
Burst knock on some ECm's is set quite aggressive and can linger for up to 10-15 seconds. I have an LS1b from an 05 6.0L and burst knock was yanking 5 degrees of timing right of the bat and wouldn't totally decay until about 10 seconds.
I'm just trying to give you some things to look at in your tune. It sounds like you have and LS1b ecm as well, I wouldn't mind helping if you can get the file in EFILIVE format. I'm not a professional or a dyno tuner, but I successfully calibrated my 6.0L (228R cam/longtubes, LS6 intake, M6 )and have helped a few others out over on Efilive's website.











