Icepac,
Titan said something useful. Still, there can be more effective ways than the zooming straight up.
The F/G/K series can reach the blackout at up to 435mph, using the auto combat trim and still remain controllable at 445-450mph. The key is to plan forward: if your opponent is as much under you and as fast that you have to dive faster than 440, i would suggest to add a bit of manual trim when its not too late, ergo hit the k button for 1-1.5 seconds. Then you can still fly straight and hit the blackout if you need, up to 470 mph. For me, that was enough to catch any pony, f4u, lala, 190 sometimes even tempests, even tho they usually came from way above.
If the enemy breaks, i usually started a spiral climb to slow me down (what happened very quickly with idle engine), so i ended up slow, a bit above them but not as far as with a straight zoom-up, leaving them less chance to try to excend for a bit, and could finish my opponents quickly unless whey were in something real turny (spit8/9, hurri, zeek, brewski and well-flown f4us).