Simply, 400 watts is how much the amp uses. 80 watts is how much it's capable of putting out to the speakers.
Beyond that, it gets a little more complicated. The 80 watt rating is for clean, undistorted power. If you drive it beyond that, the power output increases, but it's no longer clean. Theoretically, at a full square wave, the same amp could put out 160 watts, but I don't know that the tubes or transformers could take that for any length of time. I also don't know how much power the amp would have to consume to put out that much. Besides, Sunn amps aren't known for having a great distorted sound. Rather, they're known for being clean and loud, and taking pedals well.