I did a bit of searching and found this graph.
For this engine, the peak horsepower is at 5500 RPM, peak torque at 4500 RPM. Compared to the horsepower curve, I can see that the torque curve is much more "flatter".
The flatter the torque curve the better, as long as the peak is not too low?
It's a bit confusing but your explanation is pretty good because I feel like I'm starting to "get it".