Sorry I didn't type very clearly.
Yeah it was a 98 Cobra and it got smoked pretty bad by the SS.
I agree though if that 03 Cobra is really puttin down the #'s I've heard, it should smoke a lightly modded/stock SS.
I guess that depends on what your interpretation of "lightly modded" is
Some guys over on LS1 have headers/exhaust, tires, intake, and 4.10's runnin low 12's and they consider that to be "lightly modded".
BUT I have heard that a few simple changes frees up a lot of horsepower for that new 03 Snake.