Right,, but just like the 302 that was used in the HiPo Camaros, the short stroke engines depended upon high compression and hot cams in order to develop good power.The 327 was the quick-revving, high rpm engine back in the day
When you could easily buy pump gas of 100 octane, and without smog controls, those engines did ok,, but they are very dirty engines with high emissions.
The incoming tide of emission controls and lower compression is what killed-off those little engines.
Also, as vehicles got heavier, more low-end torque is needed and the small displacement engines of that day just don't have it.
Today, with aluminum blocks/heads, and forced induction with fuel injection you can get good power/torque from little engines,, but yesterdays tech couldn't do it.