Torque is claclulated in absolute units, in this case foot pounds. You have to take into account the angular velocity, and the radius and mass of the fly-wheel. But here's the interesting thing if you have a fly-wheel that is two feet in diameter, and apply a force of 1lbwt. to turn the fly-wheel, the torque experienced at the axle is 1 foot pound. 1lb wt = about 1/32 of a foot pound, so you can see that the greater the diameter of the fly-wheel the larger the mechanical advantage. You can see why Archimedes was able to say give me a lever that is long enough and I will move the Earth or words to that effect. django