The above make a lot of sense.
I would add that the big difference is in TORQUE.
Any Engine, 40 50 60 155... spinning a 12x6 at 8300rpm are all producing the same HP, but not all of them will be spinning with the same torque.
Torque has to do with acceleration and changes of RPM. With more torque the engine will vary less RPM if any when an opposed force acts upon the prop, for example when you maneuver.
More torque will accelerate the plane quicker from ZERO to its set speed, and once at the set speed it will resist more to external forces.
So my understanding is that bigger engines will help you fly at a more constant speed.
Does that makes sense?
Martin