This is an email I got from a Board member who I find is close to Einstein....
Hi Joe,
There are two ways that the aluminum head can give you less HP than an iron head. It all has to do with the difference in rate of heat transfer between the two materials.
With the aluminum head, the intake port will easily transfer heat from the cooling jacket to the intake charge. We know that the cooler the intake charge is, the denser and the more HP. The combustion chamber will quickly transfer heat from the combustion event to the cooling jacket. We know that heat and expanding gases from the combustion event is what makes HP. The aluminum tends to quench some of the heat generated from combustion. That is why aluminum heads tend to be more detonation resistant than iron heads.
To solve the heat transfer problem of the aluminum heads, coat the intake port and the combustion chamber with a heat barrier coating.
Sincerely Yours,