The Allison engined Mustang MkIs must have blown away the similarly powered P-40's.
And V-1650-1 powered Mustang MkIs also would have blown away the similarly powered P-40F's and P-40L's.
Gotta wonder (dream) if Allison engined Mustang MkIs could have/should have replaced P-40's and P-40 production ended sooner.
A definite 'yes', the V-1650-1 in Mustang would've made for an excellent aircraft for 1942/43.