Yeah, the thing people always miss is that these engines are flat-rated at whatever hp. I.e., they'll do it for most of their operating lives, vs. the occasional WOT in a car.
Edit: A dyno graph from an late 1990's Corvette C5 engine (5.7L) shows about 170HP @ 2700 RPM. That's at the wheels, so probably close-ish to 195HP at the crank: https://cimg5.ibsrv.net/gimg/www.corvetteforum.com-vbulletin...