Lower power rating?

Hey all, right now I own a 2000 Mustang GT with bolt ons and 4.10's and my li'l bro has a 85 GT that he's wanting to replace with a 94-95. My question is why are the 94-95 cars rated at 215hp and 285 torque while a 92 has 225hp and 300 torque? :bang: Is there a difference in motors? Is it just an air intake or exhaust thing? :shrug:

The build-up will be to get it to around 300HP, add some 3.73's and some suspension and brake mods so it can hang with my 2000 and my buddies stock 2006 while still being his DD for college and work.
 
FWIR- its also kinda under-rated, ford knew the power was going to be down in the 4.6 and with the heavier body of the 94-95 but with the basicly same 5.0 (but with a e-fan that I bet could alone overcome the intake/t-body "power loss") kinda used it to soften the blow of the coming 4.6.

Smog and eec settings are the big fault if you ask me. 300rwhp still does some DAMN good 1/4 numbers in the 94-95's with a decent susp.