How do Torque and HP differ?

Horse power is how fast you hit the wall, torque is how far you push it...

;)

From what I gather, the gearing turns the torque the engine produces into HP at various speeds for different purposes.

I PMed someone and asked how much torque that would be in first, since the test was in third, and he said in first it would calculate to be around 122 ft lbs. That feels like the difference I am feeling in the mod in first gear, I am moved much quicker, with more force than in third, but in third I am going much faster, yet at a slower rate of increase in speed it seems.