Good questions, though. The import thing, they do it at the flywheel also. as for bhp and hp, dont know. When you take your car to the dyno, you will more than likely put it on a chassis dyno, which measures at the wheel. This rating usually will drop about 20 to 40 hp from the flywheel rating from what I understand. On the other hand, not all dynos are the same, in the past few months or so in the sport compact mag, they did some testing of dynos and a couple had the same reading, but the others read off my about +-5%. Hope that helps you!