I'm wondering if you actually have the original camshaft fitted. Your power symptoms sound a little like those with a higher lift, bigger overlap cam, lumpy at lower speeds, then suddenly everything chimes in. I had, years ago, a very second hand Mini, cheap temporary transport, which ran and sounded like a bag of nails, coughing at lower speeds, until one day, overtaking something on the A1, I exceeded my self imposed (cos it had about 75,000 miles on it!) rev limit of 5000rpm, and it took off, engine went all smooth and quiet as well. In its dim and distant past, someone had fitted an almost 'full race' cam. I had lots of fun with it after then, scrreaming up to well over 7000 rpm!