yes, the guys did mention that supposedly we need to add 17% or so to the number to get to the number that a dynojet would put out. mustang dyno and dynojet use slightly different ways of calculating the HP. supposedly, dynojet ADDS to the HP that it calculates. i have been trying to research this i think i came to conclusion that what mustang dyno puts out is about right. since the two dynos use different tests, it is not a true measure of what your HP is. the best way of course is to dyno the engine but who is gonna go this far unless you are building it from the ground up. calculating HP at the wheels and the resulting loss through the driveline is very hard and not an exact science.
here is one of just numerous articles on the subject
http://www.germanmotorcars.com/Dyno_load vs inertia_1.htm