I still have trouble believing the same misconstrued ideas about "efficiency" keep coming back...oh, wait...it's the interwebtubularbells.
Everything comes around again. Anyway.
Say out loud to yourself: A more efficient engine is more efficient than a less efficient one.
That's it. There's no magic formula to this. There are so many variables to what constitutes efficiency in terms of either fuel economy or engine output. Look at Mercedes-Benz: E55 from 1998 was a naturally aspriated V8, the E55 from 2001 was supercharged, and now the E63 is naturally aspriated again. Each time they said "this is more efficient". Audi did the same with the S4: single-turbo inline-5, twin-turbo V6, n/a V8, now on to a supercharged V6. Same line each time: "this is more efficient". So what have we learned? "
A more efficient engine is more efficient than a less efficient one."
Some examples for the class: all from Edmunds, all 2009 models.
Jeep Grand Cherokee SRT-8
425HP
6.1L V8
11/14 mpg
Nissan GT-R
480HP
3.8L twin-turbo V6
16/21 mpg
Porsche 911 Turbo
480HP
3.6L twin-turbo V6
16/23 mpg
Mercedes-Benz E63
507HP
6.2L V8
13/20 mpg
Dodge Viper coupe
600HP
8.4L V8
13/22 mpg
These all make somewhere around 450HP, but all do it in different ways, with vastly different body styles. The very fact that the Nissan and Porsche have turbochargers throws the whole idea of comparing these engines using HP/L out the window since you'd have to get some rather specific details about those turbo's to know exactly how to calculate what the output "per litre" really is.
Then there's the obvious fact that since the Cherokee is a honking big SUV, maybe Chrysler don't give a damn about efficiency in terms of HP, but rather in terms of torque output. They've got that rather bluff front end to contend with....