Nope, to "get it straight" most modules with current engineering will be WORSE than the best the new system offers. They did say that at least twice although admitted there would be edge cases that would be slightly switched.
Everyone pushing the limits of their ships, for almost any purpose, is running 'edge cases'.
Most every serious explorer, racer, or combat pilot is running at least some G5 components that are 'god-rolls' or close to it. Personally, I keep maybe one in thirty G5 rolls.
From what I saw in the live stream, it would be impossible to remotely duplicate three or four of my current ships, let alone improve upon them with the new system. Only in a few areas were I've been especially unlucky will it likely be beneficial for me to convert to the new engineering.
If the sort of figures I saw go live without a another substantial boost to their positives or an equally substantial reduction to negatives, I will have a serious advantage over anyone who doesn't already have god-rolls in the current system.
Yes because one module with a few % points between a new and old system max will make all the difference.
In many cases it will, and in many cases the difference won't be a few points. Most god-rolled modules are so good not because of the primary effects, but because of the secondaries.
Without secondaries that act in direct opposition to the primary negatives, there are many modules that I wouldn't even be able to mount, let alone use effectively.
Lets bin the past few months of work and keep the current system where luck trumps skill by massive amounts then because we've not yet experienced the new system and are all jumping to conclusions but we are definitely right!
Let's get rid of all the old rolls. Mandatory conversion to the new system.
Nobody has any information yet.
We saw the live stream. We saw the fixed negatives, and the improved positives of the primaries, then a handful of fixed modifiers that the effects could apply.