wuzak
Captain
When fitted with the GE turbocharger, the Allison put out more HP at altitude that the 2 stage/2 speed Merlins.
That all depends on altitude. Power for the V-1710 with turbo was almost constant up to the turbo's critical altitude, then power fell off rapidly.
Rolls-Royce had experimented with a turbo in the late 1920s (on a Falcon, IIRC, with the turbo in the vee), but didn't get great results. And as a mater of policy R-R didn't use turbos with their engines because of the exhaust thrust effect. As altitude increased the efficiency of the prop reduced and the thrsut from teh exhaust became more significant.