Yep!
Two points:
First, the advertised horsepower ratings of '60s-era muscle cars was often way optimistic. 305 hp (the 2011 Mustang V-6's rated output) back in 1969 would have been more like 250 honest hp today.
Reason? Back in the '60s, the automakers used "SAE gross" numbers - which were often based on a "tuned up" engine on a dyno stand with no power-sapping accessories such as a full production exhaust system. In 1972, "SAE net" standards went into effect. Horsepower was measured with the engine installed in the car with all production accessories and in factory tune.
Second, even the genuinely powerful muscle cars of the '60s were traction limited as far as their ability to accelerate rapidly. Imagine a 6 or 7 liter V-8 producing 300-plus hp and 400 lbs.-ft. of torque.... working through 15x7 (let alone 14x7) wheels/tires...
A 2011 Nissan Versa has a bigger footprint than most '60s-era muscle cars.
If you go back and check old magazine reports, you'll find that when equipped with drag slicks and other traction aids, the times of the typical muscle car dropped significantly.