Ring tension and friction significantly impact engine performance by affecting the efficiency of the moving parts within the engine. The discussion highlights the complex forces acting on components like crankshafts, con-rods, and pistons, emphasizing the need for precise engineering to minimize power losses. Participants express a desire for deeper insights into the calculations related to inertia and friction, particularly as they relate to modifications and performance enhancements. The conversation suggests that understanding these dynamics requires a solid foundation in mechanical engineering principles, including the effects of mass, RPM, and component interactions. Overall, the interplay of ring tension and friction is crucial for optimizing engine design and operation.