"I am the shit" and "I am shit" have totally different meanings despite the fact that noun is the same. So yeah, context is what adds value/meaning to a word.
The GT350R is a perfect match for the Z28, they are both designed specifically for the track. The Z28 is track monster just like the GT350-R, the normal GT350 is another story - that was built to be a daily drive-able car.
PS: Both the Z28 and the GT350-R are both road legal, so they can be...
I was at the NYC auto show today and according to the Ford representative at the show, the GT350-R is 5 seconds faster than the Z28 at the Nurburgring. The data and videos will be released sometime in the summer before the car goes on sale late fall.