My own personal opinion - for whatever it might be worth:
Chassis dynos (of which the Dynojet brand seems to get the most respect) are good, convnient tuning tools if you have a well trained and thorough operator. They measure how well a vehicle accelerates a mass and thus, are a good way to measure the accelerative capabilites of that same vehicle. Plus, you can make changes quickly and run another test.
Despite what the dyno companies say, they do not measure horsepower and are not good at coming up with quantifiable nubmers to compare with other dynos, your buddies, etc. They are excellent tuning tools and lousy bragging tools.