I suppose so? lol... Just thinking out loud about how a water brake engine dyno works (at least the ones I've seen), the "torque" is measured simply by a strain gauge (force sensor) sensing how hard the turbine housing is being pressed against its stop by the rotation of the engine. The maximum force will occur when the engine is fully loaded at steady RPM but once that load is lightened to let the RPMs increase, the mutual force of the engine trying to push the dyno vs. the dyno trying to slow down the engine also goes down. So yes the torque output of the engine doesn't change but the way it's being measured does...?