Theoretically that's all true, but I still scratch my head when I see a new car with all that new technology that doesn't appear to be significantly different from the old in terms of performance or efficiency. For an enthusiast, part of the fun is the ability to wind the rpm's up and keep the engine in the zone.
Anyway, there is still potential savings with more complex engines if it allows you to reduce the number of engine types you need in your company, much like standardizing car platforms to serve many different models.
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