Not quite, Pappy. The P-38L was much faster and more manueverable than the J-15 (which is what we seem to have in Aces High II), even though the L was about two hundred pounds heavier. The reason for this was that the L had boosted ailerons, dive flaps, and better engines with lots more power.
I made a thread on this a while ago. I believe that the P-38L was 40 lb. heavier than the P-38J-25-LO (which had boosted ailerons and dive flaps but was missing some of the features of the L, like perhaps fire extinguisers, tail warning radar, and the second generator). The P-38L was 200 lb. heavier than the P-38J-15, which is what most people agree is the P-38J we have in game.
By the way, the reason people think that the P-38J was faster than the P-38L (utterly wrong) is that popular sources list a war emergency power speed for the P-38 but only a military power speed for the P-38. Warren Bodie clearly stated that the famous 414 M.P.H. figure was obtained at fifty four inches of manifold pressure. That's not even the mid-war W.E.P. rating of 60", which yields the well-known figure of 1600 horsepower. The actual top speed of the P-38L was something like 440 M.P.H., according to Bodie. I think that came from 70", however, and not 60. 60" probably brought it the same speed that it brought the P-38J, which was about 425 M.P.H.