Yes, it's normal for 5.0's to have much more torque that horsepower. Just driving that car is evident. It pulls pretty good up until about 4K then dies off rather quickly.
Brian told me a totally stock '86 5.0 would dyno around 180 RWHP. I don't know if he said anything about the torque, I can't remember. So by putting down nearly 200 with just an off road h-pipe, Flowmaster mufflers, pullies, and the air silencer removed, those are pretty good numbers. Don't forget (you might not know this, but I'm telling you anyway), the '86 was the first year for the 5.0 EFI. It used some crappy head design which robbed the engine of a lot of power up top. Hence the 87 - 93 cars had new heads and were rated at 225/300. I have a free set of those E7 heads (87 - up), and those along with a better intake (Cobra/GT-40) and a CAI will put down 250+ RWHP / 300+ RWTQ. Brian has done this with his '86 GT. I've also seen the thing run 12's on that setup, on snow tires!
Stock gearing in my car was a pathetic 2.73. You could also have gotten 3.27 gears in the 5 speed. The autos came with 3.08's. smile.gif