Almost.. lol ... still giving up 22 cubes in bore is still substantial, but a good tuner with the 318 can make up a lot of the difference to many that just turn the key and think the 340 gives them the automatic win.
Yes, but how many 318 2 barrel owners could imagine what a 340 runs like. The difference is night and day. As far as numbers go I could tell stories of big cube, supposed high horse power cars that were so slow due to lack of tuning or mismatched combinations. And I'm not a drag racer.