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u should try and get the last year the r model was available on the v70, which is 2000. it had 261 hp and 258 lb-ft torque...usually the boost is adjusted higher for more hp, i'm sure volvo put in more thought than just boost in the ecu. (even 1999 v70r had more at 247hp and 243lb-ft.) but of course, u could get an ipd chip or similar to obtain even slightly higher numbers. more than likely, the increases are to compensate for the more weight going from 850 to 70 series and additional weight gain and power loss through awd.
http://host12.ipowerweb.com/~carthril/volvo/forums/showthread.php?s=&threadid=39
as for awd, read this article....
http://www.volvospeed.com/vs_forum/index.php?act=ST&f=2&t=2571&hl=521&s=1b4b70fde005d68d6ff5c9271bbedd61
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