i built a 1340 with a sae head 395/378 at 106/108,13.6:1 comp,it makes 215hp on pump fuel/116ft/lbs.on a stock length gen1 its run 159 mph so far,will run over 160mph and run 8,s stock length hand clutch, total sleeper,stock wheels,the only external clues are a pipe and 24volt cranking.i believe the same motor as a 1299 would make low 200,s.Ive ridden 1299,s,1340,s,1441,s,1507,1580.Put me on either one and not tell me what it is and i reckon i can guess,they all deliver their power differently.the 1340 feels the most boring because its power delivery is the most linear.i agree with mike,the 1340,s make great power when modded the right ways,the other side of the coin is though,their fast but they dont feel fast,so they dont give the adrenalin rush for your dollar on the street that a bigger bore motor with closer cam centreline would.Im building a 1580 streeter to acheive precisely that,torque on tap.mmmm.