The P-51 with V-1710-39 (= an engine not as good as than the Merlin III) and at 8114 lbs was climbing to 15000 ft in 5.58 min, while the Spitfire I with the Rotol prop and sans the 73lb armor plate needed 5.4min.In short a Spitfire I is a far better aircraft for the Battle of Britain than a Mythical Mustang with a Merlin III.
Enough for the Spitfire to win the bar bet, but not enough of a difference to hang a hat to it.
Once both aircraft are at 15000 ft, the P-51 is faster by a good measure. We can also opt to fill just 85 imp gals and save (150-85) x 7.2 = 468 lbs from the P-51, in order to improve the RoC.
P-51 with full fuel load in service in the Group 12 can join the party above Group 11 territory, that will not go as smooth, if at all with the short-ranged and draggier fighters of the time. In service of the Group 11, it leaves more of a leeway wrt. mis-judging the German intents and flight paths, and allows for the fighters to chase the retreating LW aircraft over the channel.
Having the Merlin III-powered P-51 above Dunkirk would've also been great.