That's absolutely insane. It is indeed commmon, specially in this type of cars, to downrate power numbers, but having a whp measurement this high is almost sandbaggin', lol.
When we tested the GT500 over here in the magazine we didn't saw such high numbers, albet we're more than 2.5 kilometers above sea level and the gasoline over here is basicaly dog water, but it was one of the most powerful cars we've ever strapped on the dyno, if I remember correctly, it was well over 500, which is supersonic over here.
Wonder if GM can pull it off with a LS in, maybe, the next hot Vette.