Stan, technically anything with bearings has a HP loss but this is not worth trying to calculate, IMHO!
Will it take the torque at a certain RPM, angle & load?
This means spike loads not just constant loads the supplier specifies. {Think changing loads with traction control on the Speed Demon!
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To Ronnie's point the driveshaft has to be better material or heavier wall or attached better, etc.
Hot Rodding 101 - if it breaks - reinforce part A until part B breaks - then reinforce part B - until $$ run out!
Most driveshaft folks don't want more than 7 degrees but more can be tolerated with some vibrations & shorter life. Don't forget any pinion wrap-up with your suspension.
Looks like I paraphrased a bit more than I.O.