The reasons for the Brits love of the Mustang and hate of the Airacobra have been beaten to death on this board. Their reasons for disliking the P-39 were largely financial. The Russians loved the P-39 and didn't care for the P-51. Their reasons were largely survival.
As the British government was able to print its own money, purchasing items in an emergency situation was no issue.
Lend-Lease simply pushed the debt further down the road. The British government still owed the money for the items supplied.
As the issue was survival, any aircraft that the British could lay their hands on that could help with that goal would be gleefully accepted. The P-39 was clearly not up to scratch.
Was the Allison P-51 better than the P-39? In speed and range, yes. In climb and ceiling, no.
For the earlier engines with the 8.8 gears the P-51 was faster to 10,000ft, line ball to 25,000ft and had a ceiling about 250ft higher.
http://www.wwiiaircraftperformance.org/P-39/P-39D_41-6722_PHQ-M-19-1325-A.pdf
http://www.wwiiaircraftperformance.org/mustang/P-51_41-37320_PHQ-M-19-1415-A.pdf
The top speed was nearly 30mph faster at a thousand feet lower than for the P-39 - 396mph @ 12,650ft vs 368mph @ 13,800ft.
The P-51 appears to have been fitted with 4 cannon.
With the higher rated altitude V-1710, the P-51A was a bit slower than the P-39N to 15,000ft, by about 36s. And by 2 minutes to 25,000ft.
The P-51A was about 18mph faster at ~10,000ft, around where both had their maximum speed.
The ceiling was about 3,000ft lower for the P-51A.
http://www.wwiiaircraftperformance.org/mustang/P-51-A_43-6007_Flight_Tests.pdf
http://www.wwiiaircraftperformance.org/P-39/P-39N_FS-M-19-1487-A.pdf
Compared to the P-39M, the P-51A was faster to 15,000ft, just, and they were line ball to 25,000ft. Ceiling was 800ft higher for the P-39M. The P-39M was about 30mph slower than the P-51A at a similar altitude for top speed.
http://www.wwiiaircraftperformance.org/P-39/P-39M-3_42-4706_FS-M-19-1511-A.pdf
The Mustang was often more than 10-15 faster. And often less.
And often a lot more. You would have to plot the curves against each other to find where the maximum and minimum differences were.
You also keep wanting it both ways, the speed and climb of a light weight P-39 but the range/endurance of one carrying 420-500lbs of extra fuel and tanks. I have it both ways. The extra fuel would have added negligible extra weight since it was in place of the .30 cal MGs.
That depends how much fuel you would be storing. And you may be forgetting the weight of the tanks themselves.
Surely the .30mgs don't weigh 420-500lbs?
The British certainly showed no tendency to try to get out of other contracts including Vultee Vengence or Brewster Burmuda contracts.What about the
lightning?
As supplied, the P-38 was a turd.
The Lightning I didn't have turbos and had both engines turning the same direction.
The bulk of the British order was to be the Lightning II, which had handed engines and turbochargers. But only one was built. Not sure why - maybe the USAF pulled rank on that one?