This according to the latest issue of MyFord magazine.
Quote:
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The 5.4-liter V-8 base engine produces 320 hp and 390 foot-pounds of torque*; a 500-hp, 6.2-liter V-8 engine, calibrated to handle the start-stop brutality of racing, will be available in summer 2009. So no, there's nothing quite like this truck.
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I haven't seen this issue in person yet as I don't get Ford's proprietary mag anymore, but my brother has agreed to send me his when it arrives so if and when it gets here I'll scan the story. So far four or five people have confirmed that this is indeed what the article says.
Assuming this proves accurate it looks like Ford is getting ready to lay down some thunder. Worth noting, the Raptor R produces 500hp, but it seems unlikely that this is referring to the debut of the Raptor R since that truck is....well....already here. Moreso, long before this appeared in MyFord magazine 5.0 Mustang and Super Fords reported that the 500hp Raptor engine was then being touted by insiders as an essentially stock powertrain.
Again, all I can say is wow.