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They can also be used in conjunction with turbocharging to increase the power of small engines and use them to replace bigger powerplants, like using a four-cylinder rather than a V6, or a V6 instead of a V8.
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This to me will be the big application. With everyone upset about the new CAFE regs, this should help GM meet their targets with their bread and butter vehicles...and ease the worrying of those of us concerned that we won't get class-beating power in our Camaros