There is no Replacement for Displacement.
It has always stood true. For those idiots that respond, "What about Forced Induction, it doesn't matter then". Let me turbo my V8 like you turbo'd your 4-cyl and well see who makes power. Its still dependent on your base setup. A 2.0L can make more power than a stock V8, we know this, there are VERY high WHP 4-cylinders, but they don't compete with similar boosted 6 & 8 cylinder engines.
Look at the article for the LM7 5.3 with a chinese single turbo kit and a tune, Junk Yard build for $3500 making double the peak output. How much do you have to have in a 4-banger to crank out a solid DD 600hp build?