I could have gotten the P-38 from 450 MPH to 575 MPH with an hydraulic stabilator.
The company that developed the SR-71 did not know anything about transonic flight in the 1940's. Like Tim Allen they thought that MORE POWER was the answer to everything.
They knew, there was a long article in the late, lamented, "Lockheed Horizons" where Kelly was talking about it in 1940. The issue was that while it was good enough for any level flight speed it could reach, any sort of dive at high altitudes quickly got it in trouble. What it needed was a thinner wing section, which was part of the plan for the P-58, but that was killed by engine development failures, like a lot of other airplanes at the time. Redesigning the P-38 was more-or-less out of the question by that point, clearly it was neither required nor cost-effective. Instead, Kelly proposed the P-80 in an unsolicited bid with a typical Skunk Works availability schedule, far better than any piston-engine fighter at the time.
I have heard compelling arguments that had the USAAF not been run by the Bomber Mafia (who prevented the development of drop tanks for the P-47 and P-38 for a very long time on doctrinal grounds), both airplanes could have been decisive in the daylight bombing campaign, which was more-or-less a disaster until the P-51 with internal extra tank and drop tanks showed up in 1944. Very shortly afterwards, the Luftwaffe was decisively defeated. The P-38 had the range to cover almost all the missions just with the internal fuel, the problem being that managing the engines was proving too difficult with a lot of reliability issues. By the time they sorted that out, and the Bomber Mafia had to admit they had been wrong, the time had passed. The P-51 was plenty good enough, it was far cheaper. The "good enough" factor is why they never used the Corsair in Europe in any numbers - it was marginally better but not required if you already had hundreds of P-51s.
The P-38 did very well in the Pacific where it was used at low-medium altitude and many of the pilots in the Pacific preferred it over the Mustang.
Brett