The next HP step for my 675/650HP 12V71TIs is injectors and turbos. Then 750/720HP.
HP takes air and fuel, the only way to gain this from the Penski play book is turbo and injectors. The real big HP leap requires cooler air; TI to TA then both.
There were some piston changes to lower the starting compression ratio from the natural to turbo versions. Also changing the blower speed ratio. Other than these, the Penski block is all the same.
More HP equals lower engine life, but I doubt that many of us really pull much of the available HP out of our engines anyway.
For the 12V71T, there are 6 Penski HP tunes; 675/650, 750/720, 800/775, 850/825, 870/840 and 900/870HP.
Before the questions start coming in, the first number 675 is the flywheel HP, the second number 650 is Shaft HP. Most factory package ratings were shaft HP. The sales folk like the bigger numbers so they sell my engine as a 675HP model.
In the OP, you may be taking about the same engine/tune, just different HP ratings before and after the clutch & gear.