Most teams reached the conclusion, based on acoustic analysis and GPS, that the spread of engine power from the best to the worst engines was less than 2.5% this year. This means that, if the Mercedes is believed to have had 755hp, the least powerful engine was 18hp down, which is worth just under 3/10ths of a second per lap.I find that 0.3 second per lap penalty from 18 horse power to be suspiciously large.
Power wise, the ranking is Mercedes, Ferrari, Renault, and Toyota.
Efficiency wise, the Renault was the best engine, the Ferrari the worst. This will be important next year as refueling is no longer permitted.
For 2010, Cosworth is claiming 770 horse power. That is another 15hp up on the Mercedes. As Allen notes, the Cosworth has much less reliability testing and fuel consumption is an issue.