I think your argument i a lot like comparing Honda's B18C to a K20. Both make nearly the same horsepower and torque at similar revs. But, in general (and with electronic controls and whatever notwithstanding, because
everything is available for these engines) the B18 doesn't have nearly as much room for improvement because it's already more strung out than the larger K20. The 2 liter engine is wanting to suck that much more air and exhaust that much more, so it benefits much more from those improvements than the 1.8 liter. Every little modification makes a bigger impact on the bigger engine. Honda didn't push the K20 to its fullest because it simply didn't need to.
It's the same reason Hennessey can push the Viper's 8.3 liter to 1200hp and just as much torque and run all day, while the Corvette's 6.0 can only handle 1100 of each before flying apart after a few runs...
AMG's 6.2 will never be able to make as much power as the LS7. You can only fit so much air into 6.2 liters, ya know. I'd say approximately 6.2 liters. And the 7.0 will gain more power from an air intake system, or headers, or port and polish job, or higher compression, etc.
But you already know all of that because you're a Camaro fan.