150 HP LA 318 - vs - 230 HP Magnum 318

No - the ratings are both net hp - which means in the exact package they are installed in the vehicle with. So and LA 318 would have a single air pump, 2bbl, with the complete air cleaner asembly, all emissions on and functional, alternator, P/S pump, etc, with the factory manifolds and the factory exh to the cat convertor. The old ratings were gross hp - which means the engine with factory manifolds (no pipes) the mechanical fuel pump and a belt driving the water pump.