Horse power, if reported accurately would be a terrific figure of merit for rating/comparing grinders and such. Amps alone represents a questionable figure of merit as it does not take into consideration efficiency. A very inefficient tool might use lots of amps but much of the power consumed could be going to heat, not torque. You might have noticed really cheap poor tools often run hotter than high quality tools. That is more electrical energy going to heat than useful work as compared to the high quality tool.
there's so much more than raw power to a grinder. longevity weight safety features soft start ergonomics, etc.
as the years pass, i prefer a more refined tool w/additional qualities mentioned above as well as the sheer power that you mention. sometimes lighter weight alone is an added safety feature.