Is Ford losing the Horsepower war?

OK, now the Mustang is great and I want one, but is 300 hp enough? While it's true, in it's price range there isn't much that competes with the Mustang. But consider the following, Dodge/Chrysler has the 5.7 L Hemi V-8 with 340 hp available in the 300C, Magnum, Charger and Jeeps and Pickups. Chrysler is coming out with the 6.1 L Hemi V-8 in the SR/T versions of these cars and trucks with 425 hp. Now I know that Ford is coming out with the Shelby Mustang Cobra from SVT with 450 hp, but that will be a limited production car and the Chryslers will be more readily available. I also know that the new Shelby Mustang is rumored to come in around $40,000, and while that is great, some of the Chryslers will be in the same price range.

Now what about GM, the 5.7 L V-8 that was in the 2004 GTO among other vehicles had 350 hp.
And for 2005 and in the future the 6.1 L V-8 will have 400 hp. This motor will be available in the GTO, Chevy SSR truck and base corvette. A detuned version will be available in the new Trailblazer SS at 390 hp.

Speaking of that Trailblazer SS, again not a limited production vehicle, this will be available in either rear wheel drive or all wheel drive, as the new Chryslers are. Fords competitor for this Trailblazer is the newly introduced 2007 Ford SVT Sport Trac Adrenalin. While this truck looks to be the replacement for the SVT Lightning and quite a truck, it will be a limited production vehicle with 390 hp and all wheel drive.

I love Ford, but it seems that they are playing catch up with the competition. Many of their new high performance models are not due out until late next year or early the following year. The problem there is that the competition's models are out now or later this year.

Don't get me wrong, I'm online with the Mustang, that's still my dream car, but it does look like Ford is always a day late when it comes to horsepower.