That is the whole point of acceleration though, like I have said earlier, we are limited to 5 or 6 gears, so we will never always be at peak power, having more torque (and therefore power) at low rpm means the engine can accelerate the car to its peak power quicker.
Edit - from a standing start, as I have said before, the car needs the grunt to accelerate the car.
So I'll will go back to my F1 engine point, while it would be very fast if you could keep it at high revs, it would be massivly slow in a 1700kg car tying to get it to those revs, having massively short gearing would help as Jarrod said above, but as soon as the revs dropped out of the power band in a full weight car, the thing would labour like crazy and more than likely stall.