I saw the thread title and being from the Viper forum side of things thought to chime in and clear up a few things.
First off as others touched on the modern Viper V10 has nothing to do with the spliced 5.9 motor they used back in 89 to make one the first prototype models. Actually as early as the actual Gen1 production cars there were already more differences between the two set ups then one could count such as the 488CID aluminum block, forged crank shaft, 9.1:1 compression ratio 6K redline, 4.00x3.88 bore, coil packs firing at 90 and 54 degree intervals. And the Gen 2 and 3 motors saw even more changes then that.
As some of you know the Gen 4 cars still used the V10 powerplant but was completely revised using Variable Valve Timing (VVT) and individual plug coils mounted on the cylinder-head covers. The pistons themselves have larger diameter floating pins with bronze bushings for higher loads and increased RPM past 7K. Plus the the Gen4 cars got the new TR6060 trans which is the latest version of the Tremec T56 six-speed. With 10% wider gears for higher torque capacity, and a new synchronizer package to boot.
As for stock cars a buddy of mine a few years back ran an 11.71@118 in his bone stock Gen 2 RT/10 at ATCO and "Wanted" ran in the 10.95@130+ in his stock 08 SRT Viper, so with the right driver, the car is plenty able to run with the best and dont forget all the wins that the GTSR cars racked up in the 90's and early 2000's with GT2 and Lemans class races.
As far as performance, those big HP "in-line 6's" better known in car form as
Supra's need crazy huge T6-88 and 55-91mm turbo's and 100+ shot of N2o for spooling to get the same power levels a STREET driven Viper from Underground, ART or Heffner produce on a monthly bases.
Back to the issue at hand, DC performance picked up 24 RWHP on a Gen4 Viper just by doing some intake porting and Hennessey with there header and exhaust upgrade Gen4 ran a 10.77@133 in there B/W SRT car... not bad for some bolt on's and stock tune. As for the ACR-X there's still more a private owner can do in the for of porting and tuning to eaisly get another 100+ HP out of the car, I've seen it done alredy with Gen 3 and 4 track prepped cars.
My friends TT GTS in action:
http://www.youtube.com/watch?v=kymg1J_S4Q8&playnext_from=TL&videos=lgRnfkwQsbk