In my opinion, a particular type of rod is not going to "make more power" than another type of rod will. What a lighter connecting rod will do however, is allow the engine to reach maximum RPM quicker and a lighter rod "might" allow the engine to reach a higher maximum RPM level. I say might because just changing to lighter rods will not necessarily make the engine rev higher. High RPM is the result of a well engineered combination of intake track, combustion chamber, exhaust system and of course the cam/valve train must be compatable.
High RPM = more power due to the fact that you are firing the cylinders more frequently and each cylinder firing produces power. This is why you will see Pro Stock and Comp Eliminator cars turning very high RPM, which results in a very narrow power band and necessitates the use of five speed transmission.
Narrow powerband? You call launching at 7,400rpm and pulling gears at 9,300rpm-9,500rpm in a Pro Stock 500cid NHRA engine a narrow powerband? What would you consider a wide powerband?
Fact is Pro Stock launches at 7,000rpm-7,600rpm, some viewers think they launch at 8,000rpm because thats what you see on the tach when they use the onboard cam, what you are seeing is the engine revving so quick thats the RPM as soon as they come off the chip, they are not using a chip, they are using MSD digital 7's with built in rev limiter. The data logger will show you true rpm, the engine accelerates so fast it does indeed look like they launch at 8,000rpm but they do not
A lighter rod/piston will make more HP, this is a fact, take a 575hp Super Stock 331 and remove the 340gram piston and install a TRW NHRA legal piston and it will loose power due to the piston weighing well over 100grams heavier than the 340gram Bill Miller
Another fact, lighter pistons and rods are easier on wrist pins and cranks and rod bolts. When a motor is turning up in rpm, over 6,000rpm, the crank and piston is launching off the crank and this launching effect strains the rod bolts and big ends of the rods, the lighter parts do also but not as much
Fact is a lighter rotating unit will indeed run quicker in a drag race engine, Fact is a lighter car runs quicker because it accelerates quicker, lighter engine parts accelerate quicker too
If lighter parts dont make more hp or make the engine more reliable, why do all Pro Stock, Super Stock and Comp Eliminator engines use the lightest parts possible when it comes to pistons and rods? If you want it to be durable
over 7,500rpm, you must have lighter pistons and rods. Same goes with valvetrain {valves}, you must use lighter valves such as titanium intake valves and if your class says you must run stainless valves your gonna need more spring pressure to control the valves which is gonna put more wear on the rockers, pushrods and lifters