4 speed was only on the V6 in 2003.
I think the VVTI engine gains about 25HP but loses 14 lb-ft of torque.
Apparently some standards changed in there so I don't know exactly how they compare* but this is my understanding:
2003-2004 V8: 235HP@4800RPM 320 lb-ft Torque@3400 rpm
2005-2009 V8: 260HP@5400RPM 306 lb-ft torque@3400 rpm
Kind of a trade off and seems like a bit of a wash in the end. Unless you rev it high a lot.
Again, I could be 100% incorrect, according to my wife I am half the time, but this is what the internet shows.
*
SAE certified power
In 2005, the SAE introduced "SAE Certified Power" with SAE J2723.[20] This test is voluntary and is in itself not a separate engine test code but a certification of either J1349 or J1995 after which the manufacturer is allowed to advertise "Certified to SAE J1349" or "Certified to SAE J1995" depending on which test standard have been followed. To attain certification the test must follow the SAE standard in question, take place in a ISO9000/9002 certified facility and be witnessed by an SAE approved third party.
A few manufacturers such as Honda and Toyota switched to the new ratings immediately, with multi-directional results; the rated output of Cadillac's supercharged Northstar V8 jumped from 440 to 469 hp (330 to 350 kW) under the new tests, while the rating for Toyota's Camry 3.0 L 1MZ-FE V6 fell from 210 to 190 hp (160 to 140 kW). The company's Lexus ES 330 and Camry SE V6 were previously rated at 225 hp (168 kW) but the ES330 dropped to 218 hp (163 kW) while the Camry declined to 210 hp (160 kW). The first engine certified under the new program was the 7.0 L LS7 used in the 2006 Chevrolet Corvette Z06. Certified power rose slightly from 500 to 505 hp (370 to 377 kW).
While Toyota and Honda are retesting their entire vehicle lineups, other automakers generally are retesting only those with updated powertrains. For example, the 2006 Ford Five Hundred is rated at 203 horsepower, the same as that of 2005 model. However, the 2006 rating does not reflect the new SAE testing procedure as Ford is not going to spend the extra expense of retesting its existing engines. Over time, most automakers are expected to comply with the new guidelines.
SAE tightened its horsepower rules after some engineers noticed parts of the old test could be subjected to different interpretations. Under the old testing procedures, there were small factors that required a judgment call: how much oil was in the crankcase, how the engine controls were calibrated and whether a vehicle was tested with premium fuel. In some cases, such can add up to a change in horsepower ratings. A road test editor at Edmunds.com, John Di Pietro, said decreases in horsepower ratings for some '06 models are not that dramatic. For vehicles like a midsize family sedan, it is likely that the reputation of the manufacturer will be more important.[21]
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Horsepower - Wikipedia, the free encyclopedia