I owned both type sleds: 95 670 Formula SS and a 00 SXr 700. The SS was getting pretty long in the tooth when I was racing my buddies 99 SX 700 and I could still beat him by a sled or two in 660'. Top end was about a wash. Those 670's are torque monsters with great throttle response! In stock form the Doos TRA clutch, weight transfer, and RAVE setups were better performers than the stock SX line. Now, on my own 00 SX700r, it took clutching (primary weights only) and better weight transfer for me to be able stay about even with the likes of MXz 670's.
We had 12 sleds at the cabin, and out of all of those (including 3 700's), and some other peoples bigger iron, our best 500' sled was a stock 1998 Formula Dlx 583 that my buddies wife bought for herself! (this was after I sold my 670SS)
I was a Doo man back then, man did I work on them to keep 'em running. Not so much the engine, but chasis and drivetrain problems galore! The SXr was a whole different story.