Perhaps, though it was streamlined and still retained the dive brakes.
Also look at the Ju-88s, a rather streamlined and efficient design that was the primary type of bomber for Germany. Their dive flaps are a row of metal strips that simple disrupts airflow below the wing. The area is only slightly larger than those pictured on the P-38. Or the Tu-2, where many were removed because they weren't used, but they still were designed and implemented with a very small area. Or the F4U's dive brakes being the gear doors. Those aren't very large but have a profound effect when used.
Honestly it doesn't take a massive parachute to slow things down. Many planes' radiator flaps alone would drop a plane ~20mph. For cooling flaps!