I found this in: Ethell's Mustang, a documentary history of the P-51 but then found it on Mike Williams' site:
If we look at a Spitfire VII/VIII (especially the HF) we note that the internal fuel comparison is 124IG versus 150IG for the Mustang, and these Spitfires narrow the gap slightly in terms of speed. It would have been interesting to compare the Spitfire XIV with the 90IG slipper tank to the Mustang and to a Mustang with the rear fuselage tank 1/3 full.
Ethell makes it clear that the speed improvement over the Spitfire was due to the Mustang's overall low drag design, especially the wings. He states emphatically that the radiator and cooling design of the Mustang was not a factor and that the Mustang did not benefit from the "Meredith effect".
TACTICAL COMPARISON WITH SPITFIRE IX
14. A very close comparison can be made because the engines are of very similar design and capacity. The tactical differences are caused chiefly by the fact that the Mustang III is a much cleaner aircraft, is slightly heavier, and has a higher wing loading than the Spitfire IX (43.8lbs. per sq.ft of the Mustang III. against 31 lbs. Per sq.ft)
Endurance
15. The Mustang III with maximum fuel load has between 1.5 and 1.75 the range of a Spitfire IX with maximum fuel load. The fuel and oil capacities are 154 gallons and 11.2 gallons respectively, as opposed to 85 gallons 7.5 gallons of the Spitfire IX, both without long-range tanks. With long range tanks, the Mustang can carry a total of 279 gallons of petrol (2 62.5 gall. long range tanks) as opposed to the Spitfire IX's maximum of 177 gallons (1 90 gall. "Slipper tank").
16. The fuel consumption at similar boost and rev settings is approximately the same for the two aircraft, but the Mustang is approximately 20 mph faster in level flight. Therefore if the ranges are compared directly according to the fuel capacities of the two aircraft when the long-range tanks are fitted, the Mustang will still have something in hand.
Speeds
17. The official speed curves are not yet available. This Unit's speeds runs have therefore not been confirmed. They show, however, that in general for the same engine settings the Mustang III is always 20-30mph faster in level flight at all heights. This is also true for the maximum engine setting of 3,000 r.p.m. 67" (+18 lbs.) or whatever is available, depending on the height. The best performance heights are similar, being between 10,000 and 15,000 ft., and between 25,000 and 32,000 ft.
Climbs
18. The Mustang III has a considerably lower rate of climb at full power at all heights. (In a formation take off, Spitfire IX maintains formation with 5 lbs. less boost). At other engine settings and 175 m.p.h. the two aircraft have a similar climb. The Mustang has, however, a better zoom climb in that it can dive 5,000 feet or more and regain its original altitude at a greater speed. It needs less increase of power to regain its previous altitude and speed.
Dives
19. The Mustang III pulls away very rapidly in a slight dive. At the same revs the Spitfire IX requires from 4 to 6 lb. more boost to remain in formation.
Turning Circle
20. The Mustang is always out-turned by the Spitfire IX. Use of flaps on the Mustang does not appear to improve the turning circle. There is adequate warning of the high-speed stall in the form of elevator buffeting, followed by tail buffeting.
Rate of Roll
21. Although the ailerons feel light, the Mustang III cannot roll as quickly as the Spitfire IX at normal speeds. The ailerons stiffen up only slightly at high speeds and the rates of roll become the same at about 400 m.p.h.
Search
22. The all-round view from the pilot's cockpit is the same as the Mustang 1, therefore generally inferior to the Spitfire IX, but better forwards and downwards on either side of the fuselage. A sliding hood has been designed and is being fitted to service Mustangs. This makes its rear view at least equal to, if not better than the Spitfire IX.
Sighting View and Firepower
23. The aircraft is fitted with an American 70 m.p.h. sight. A bracket for the G.M.2 sight has been designed and is fitted to most aircraft. If it is not fitted, a universal adaptor as shown at Appendix 'B' (not included here) can be made and fitted by the squadron. Due to the fact that it is most unlikely that the aircraft will be used against ground targets, the highest possible setting for the guns and sights has been chosen to produce the maximum amount of sighting view over the nose. This gives a vertical view of 180 m.p.h. cruising speed, increasing to an unrestricted view at approximately 45° to the vertical, with guns ¾° cocked from aircraft datum. This is considerably better than the Spitfire IX. The guns are cocked up about 2° above the aircrafts cruising line of flight. The fire-power consists of four .5 Browning's in the wings. This is very little compared with the Spitfire.
Armour
24. Armour plating on the Mustang III is provided for the pilot by means of two plates located behind the pilots seat. One 5/16" thick extends from just below the bottom of the seat to a point just level with the pilots shoulders. The other 7/16" thick is attached to the top of this plate and affords protection to the pilot's head. Otherwise protection is provided by the ¼" armour plate fire-wall, the engine, and the 1½" armour plate glass windshield. ¼" armour plate is also located immediately forward of the coolant tank on the forward end of the engine. There is no armour plate on the fuel tanks, but the tanks themselves are self-sealing.
BRIEF TACTICAL COMPARISON WITH SPITFIRE XIV
Maximum Endurance
25. By comparison the Spitfire XIV has no endurance.
Maximum speed
26. There is practically nothing to choose in maximum speed.
Maximum climb
27. The Spitfire XIV is very much better.
Dive
28. As for the Spitfire IX. The Mustang pulls away; but less markedly.
Turning Circle
29. The Spitfire XIV is better.
Rate of Roll
30. Advantage tends to be with the Spitfire XIV.
Conclusion
31. With the exception of endurance, no conclusions should be drawn, as these two aircraft should never be enemies. The choice is a matter of taste.
Mustang Tactical Trials
If we look at a Spitfire VII/VIII (especially the HF) we note that the internal fuel comparison is 124IG versus 150IG for the Mustang, and these Spitfires narrow the gap slightly in terms of speed. It would have been interesting to compare the Spitfire XIV with the 90IG slipper tank to the Mustang and to a Mustang with the rear fuselage tank 1/3 full.
Ethell makes it clear that the speed improvement over the Spitfire was due to the Mustang's overall low drag design, especially the wings. He states emphatically that the radiator and cooling design of the Mustang was not a factor and that the Mustang did not benefit from the "Meredith effect".