I'm away from my books, but a number of the books I have on P-38L list a top speed at maximum power of 442 mph, which (iirc) is the maximum speed the airframe would allow based mach limits. They cite as sources Tony LaVier and Lockheed testing documents. The books point out the 414 mph commonly quoted is not on maximum power.
Anyway, a nice collection of usenet posts on the greatness of the P-38 can be found here: http://yarchive.net/mil/p38.html
One thing folks forget is how maneuverable the P-38 was due to its handed engines. Only the Spitfire could turn with it in the Western theater.
My intention with this thread was to posit the earlier development of the P-38 to the P38L model or something very much like the L thanks to RAF pilot reports,RAF demands and British funding from late 1940 thorugh 1941 prior to America's entry into WW2. This would allow the incorporation of the needed improvements to the Lightning in time for the huge production orders that the USAAF and in my ATL Commonwealth airforces would be requesting going into 1942.
There are substantial improvements between the P-38L and earlier models.
The L was almost perfected for an early 40s fighter. All the serious bugs had been resolved. Perhaps paddle-bladed propellers to take advantage of it's higher horsepower would have been the last big improvement possible for 1942 state of the technology.
I think that the 2 years earlier then OTL 1944 P-38L mass production and wider usage of my ATL P-38Ls would have shortened the war. If the RAF had enough of my 1942 ATL P-38Ls using their combat experienced pilots who knew how to use the P-38 to it's best advantage going into the spring of 1942 then it would have been feasible for Bomber Command to conduct the British bomber offensive in daytime.
American mass production of a capable long range escort fighter in large enough numbers in 1942 means the adequately equipped and protected massive RAF and growing USAAF daytime bomber offensive against the Third Reich could begin by the late spring and summer of 1942 without the horrendous losses the US 8th airforce suffered with their early unescorted missions and with the added accuracy that daylight bombing would have provided to the RAF.