I have a Dell Inspiron 1150 that says on the bottom that the power
requirements are 19.5V and 4.62A but I just noticed that the converter
puts out 19.5V and only 3.34A. I thought maybe someone had switched
converters with me but checked another Dell Inspiron which said the same
thing and also had the same power converter that I have.

That is over an one amp difference. What gives????

Thanks for any help!