If we're talking monstrous power in a small air frame than you'd have to go a long way to beat the Supermarine Spiteful and Seafang.
With 3,300+ hp in a 9,070 lb air frame, the Griffon 101 powered version of the Spiteful (RB518) had a maximum speed of 494 mph (Full Supercharger (FS) gear at 27,500 ft, 2750 rpm at +25lb boost). It had a rate of climb of 4,750 ft/min at that take off weight.
If the 'Bearcat' was the 'most awesome piston engine aircraft ever', then we'll need another word for the Spiteful
Cheers
Steve
Though the Bearcat wasn't as fast, it had a higher ROC, and was AT LEAST a match for the Spiteful in terms of maneuverability...