The 500hp was just a random number. Have you ever brought your jeep to the track??? For the time you spend just sitting there spinning, or what I was doing was attempting to keep it at the brink of spinning, it still didnt seem to be much better than 4wd. Now trust me, with an open 500hp jeep you'll be much better off with 4wd. As far as a stocker AW4, 3.55 gears and 29" tall tires. In 4LO, you'll get slower average acceleration. Sure you'll move at a higher acceleration for maybe a second or whatver it takes to get through 1st gear, but'll it wont be that fast because you'l only make it to 20mph, and the torque converter slips too much, as well as the jeep basically "doesnt see it coming" and usually redlines and takes a bit to shift. However, if you go up a steep grade, you'll get better acceleration, trust me
but i dont recall an drag strips like that...
Throw slicks and a locker in the back and you have a decent chance of beating a 4wd same power jeep. And dont start thinking im saying 4wd is better than 2wd, im just talking about open diff auto with stock sized tires. If you've got a 270hp stroker and an LSD, you'll deff beat a comparable 4wd launch (if used the whole way). One other possibilty for my poor launches would be that someone said the track had "the worst prep theyve seen there yet" so maybe on a good day i could grip and go in 2wd.