Basically that is correct, but it was just the conclusion. However, Tim Schrick is aware of comparing apples and oranges in a way:
Caterham: 2.3 liter Cosworth, 260 hp
Toniq R: 2.0 liter Duratec, 203 hp (plus a 'long' rear axle ratio)
This can be subject to changes.
After having tried on the Toniq last month I would say that's the one to go for.
But Seeing as how Mr. Chases Toniq will be approximately 300hp, the performance is bound to be much better than the one in D-Motor's video.
Whereas the Caterham R500 (Which I assume to be a better model) cranks 263, but is lighter for a better power-to-weight? Someone correct me if I'm wrong.
In terms of power to weight, however, the R500 is 263HP/1115.5Lbs, meaning .23 Horsepower per Pound. Mr. Chases Toniq, therefore, would be projected to have 300HP/1100Lbs meaning .27(Repeated) Horsepower per pound. So if the final Toniq build is relatively close to the projection, the Toniq would be superior in terms of performance.
And this is the R500 model, the 260 CSR Superlight is 100 pounds heavier with 260 horsepower, which is still heavier with less horsepower.
I'm sure the Caterham is still a blast to drive, but I'm a numbers person, and from the numbers standpoint, the Performance of the Toniq is slightly superior.
No offense to any Caterham owners, you've got good taste.