If you ever come back, I'd enjoy seeing how an aces high god sucks me into such a losing battle, but I'm sure if you do it will be in shades anyways.
"Aces High Gods" would lose that fight just about every time to a semi-competent pilot who has a better plane with more E, or in the very least they would stalemate until the pilot in the lesser plane gets picked, grows bored, or makes a mistake. Certainly, all things being equal, the guy in the better plane with E should win.
What you're saying is just very basic stuff, though I suspect you're trying to couch it as something new and exciting. Folks have been doing what you describe since beta and since even before Aces High (there were lots of great E fighters in Air Warrior).