Torque is as important as wide open hp. Compare an 090 to an MS660 (both stock). The 090 winds out at 8500 rpm out of the wood where the 660's 12,500. Run a 8 pin on both saws (same bar and chain) and stick them in a 30" doug fir. There is a lot to be said for torque keeping up rpm's, the 090 will keep running its 8500 rpm right through the center of that log (standing on it) where the 660 will drop off considerably, the 090 will win this race considerably. If your cutting sticks the 660 will shine. I know there not equal saws cc's wise, but I have seen this race quite a few time's and it is a good comparison of torque vs hp.
In racing, your build your saws to compete in a size class and a certain type of wood. Ideally, I would love to have specialized saws for each race and event I attend each year, I went to a show in Arizona where the 5ci class was a 12" ponderosa, the next show in New Mexico was 20" ponderosa for 5ci. This is where it would be nice to have a saw that runs a little more "touquey". At the Arizona show I beat a hotroded Promac 81 by 2 seconds with a 7900, when we raced at the next show in a 20" log the old mac killed me.
When you get into the bike saws, ITS ALL TORQUE BABY...................