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piston engine from the 1940's were crude
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The designers from the 1940's knew more about high powered piston engine aircraft design and engines than we do today.
Nobody is building 2000 hp (+) piston engine powered aircraft today.
Computer controls, chemical engineering, and materials science have allowed us to build to better engines in some respects today. As far as engine knowledge and engineering, a mechanical engineer from the 1940's would just have to learn today's design tools but there is not any new knowledge we could teach him. We could learn from his experience however!!