Well, 350w vs 250w doesn't necessarily mean much depending on where that is measured, and how much torque you get out of each system at that wattage, and at what speed.
Assuming that all conditions are identical other than power level, then 250w would only be a bit more than 2/3 of the power of 350w. So if they are both run thru the same gearing, then the higher power would have higher torque, assuming all other properties are identical.
So...assuming identical other than power, then no they wouldn't be completely comparable, as the 250w would only have a bit more than 2/3 the torque of the 350w.
But my guess is that the two systems are not the same for their other properties, so can't be directly compared just based on power level.
Keep in mind that you'd be buying a whole bike with the system, though; AFAIK they're not available to convert existing bikes.
If it helps there have been a few other threads about this system:
https://endless-sphere.com/forums/search.php?st=0&sk=t&sd=d&sr=topics&keywords=steps+shimano&sf=titleonly
haven't read them myself so they may not be relevant to you.