Of course it gives you advantage in pvp having billions of credits by exploiting the game flaws. If I sit on 20 billions credits I don't care about rebuy and will pvp everyone without caring, if I have 100M left I can't be so careless or I risk losing all the money I made WITHOUT exploiting.
Having infinite rebuys is a huge advantage.
Having infinite rebuys does not win combat. However weapons with unreachable stats without cheating an in game coding mistake will win you combat. Me making billions of credits does not effect you making billions of credits. Blowing up my ship repeatedly with a cheat ship does effect me making billions.
See whats going on? Parity and the lack thereof. Credits effects no one unless you choose to. Credits do not make you good at flying and combat. However Engineering does make your ship better for combat and flying. With the rolls that they were getting and the fact that they attack in wings , no amount of combat or flight training will save you.
That is the difference.
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