I think Dyno's are good for testing power differences after mods. Meaning you take a baseline, add a mod, then retest on the same dyno. Bad part of dyno's are that they can give very misleading numbers depending on type and operator input.
Dragstips offer a good source for true hp using the formula's. I contend though that MPH is better for manual equipped trucks.
A hill pull seems best to me as far as how well the truck works. This includes useable power that doesn't exceed EGT limits. I think a run at a 7% hill with 10k pounds is a good start. Plain and simple the trucks should reach the incline with cruise on and see who can pull the best with the least amount of driver input (changing gears, etc). Trucks should be as supplied from factory, and comparable in set-up. whether stock or modified.
I'll give an example I'd like to see.
24v HO/6spd 3500 QC 4:10 gears, loaded SLT+ vs 3500 Duramax/ZF 3500 QC, LT loaded. The GM has 215 tires I believe and the Dodge would have 235's. Over all gearing would be real close between the two. The GM might have a weight advantage, but if so, then so be it. My thinking is if I were the GM truck, I surely wouldn't be hauling around extra weight to "make it even".
So far all I see are comparisons with the Allison transmission. It has five gears to the competion's 4. IT should pull better than the other two if for nothing else for the gearing advantage. I want to see how the manual does to better define the engine perfromance on an even transmission scale.
Just my thoughts... ...