I wouldn't be risking my pretty Spits in the jabo role though - still plenty of rusty old P-40s around for that.
Precisely the point. The RAAF didn't bother in 1942 - 45, so why would you? You also have not mentioned that there were fewer Spitfires in theatre than there were P-40s and again you are not taking into account the clear definition the roles each type served in the RAAF.
The allies predominantly bombed low, where the Spit V was no more capable than the P-40 in the air to air role and lacked the range as an escort.
A bit irrelevant because as a fighter, regardless of what altitude your bombers are at, height is a precious asset. Not only that but the Spitfire could get to height faster than the P-40.