Well, unless you happen to be an '85 1200cc Yamaha VMax.
Got this from another forum, thought some might be interested in it:
http://www.hotrod.com/thehistoryof/113_0603_dynojet_chassis_dyno/company_creation.html
Wrestling to fully understand inertia and powertrain losses, Dobeck and his team quickly realized that the standard physics formula of weight, time, and distance for converting acceleration into horsepower simply didn’t work-the derived number was always lower than accepted numbers. They poured on resources and burned up time and money investigating it, but no matter what they did, the math never added up.
Dynojet’s final number-fudge was arbitrarily based on a number from the most powerful road-going motorcycle of the time, the '85 1,200cc Yamaha VMax. The VMax had 145 advertised factory horsepower, which was far above the raw 90hp number spit out by the formula. Meanwhile, existing aftermarket torque-cell engine dynamometers delivered numbers that clustered around 120. Always a pragmatist, Dobeck finally ordered his Chief Engineer to doctor the math so that the Dynojet 100 measured 120 hp for a stock VMax. And that was that: For once and forever, the power of everything else in the world would be relative to the '85 Yamaha VMax and a fudged imaginary number.