Well, certainly there are variations in dynos - probably more between the Mustang dynos and the more common (brain fade) Dynosomthingorother...
The Mustang supposedly places an actual load on the vehicle under test, while the other type is strictly a measure of speed in accellerating a fixed rotational weight - dunno how that affects final numbers, but supposedly, the Mustang is more accurate on truck like ours - which is probably why Imlers Diesel Performance uses that type...
NOW, as to my trucks ratings, all I can say, is regardless of readings it was better than anything else there up til the time I left - and that included 3 '02 Fords (best of 261/608) with chips, exhaust and injector mods, and a '99 (286/654) and '00 Ford (255/589) with pretty much the whole 9 yards of add-ons, propane, injectors, Banks stuff and intake mods - one of them was reportedly active in sled pulls... NOW, if MINE was/is considered low on power, just think how THEY must feel!
One fella in a stock '96 Dodge got 131 HP and 279 TQ - and another guy with a 96 and injectors, exhaust and a few other goodies (I think he mentioned some turbo mods), got 246 HP and 547 TQ... All for reference...