So, to make it short, any advantage that an aircraft might have when considered as a projectile is not likely to be a significant factor in vertical performance?
Second, what IS the explanation for being able to get nearly identical zoom climbs out of airplanes with widely varying power-loading, I.E, SpitXVI and F4U-1 for example?
Starting with the second, the differences in power-loading are just not that big to be significant as all WWII planes have low absolute power/mass ratio. In addition, power/mass is a deceiving number. It is not the same as thrust/mass=acceleration. Your engine may be producing 2000HP, but that does not mean you will be able to put it into kinetic energy. Consider that P=F*v=m*a*v. It means that if power P is constant and you could get all this power into kinetic energy, at v~0 you get infinite acceleration, or thrust. Basically, at very low speeds your 2000HP go to kinetic energy of the AIR that goes through the prop - your HP are literally blowing in the wind. How does this translate into actual THRUST depend on the prop diameter and aerodynamics. If there is some advantage to being light and having high power/mass it is at the low speeds, but it is not as significant as one might expect.
On the other side of the scale, at high speed, the combined weight and high parasitic drag overwhelm the thrust. At these speeds, the excess power left after overcoming the drag is very low and the plane behaves more like a projectile. This gives a small advantage of low drag/mass (likely the heavy) plane, but the deceleration in this part of the zoom is highest so it passes quickly.
So now lets think in terms of absolute energy and altitude the planes will reach. When they stall at the top, all the energy is in potential energy - this total energy at the end of the zoom is what we are after. For specific energy this is proportional to the hight of the zoom.
why is it not much larger for the higher power loaded plane?
Remember that the energy gain from the engine is power*time - so two things happen here: first, the
fraction of raw engine power that your airframe gains vs. the part that goes to create wind, gets smaller at low speeds. The other is that the
time is short. Because the thrust/weight<<1 for all WWII planes, the time it takes for the speed to drop to zero is not very different and in any case - short, a few seconds. In this short time, even with a little better engine-power/mass you don't get to build a lot more energy/mass, or altitude, using the small fraction of engine power that goes to propelling the plane and not creating wind.
Now the first, following the discussion above. Higher mass may be advantageous in a certain range of parameters. For high enough initial speeds and low enough thrust/weight planes, it may actually work - but not likely in real life. The matter of fact is that planes are not set vertically and released and same velocities. A heavy, high wing-loaded plane will loose a lot more energy just to go from level into vertical in a maneuver that will be sharp enough not to resemble a climb through most of it.