Board Thread:Versus Debates/@comment-37960523-20200525011843/@comment-36016092-20200602141628

Hiruzen was also holding back in his fight against Orochimaru. Enma mentions this and you can also see that Hiruzen doesn't want to fight Orochimaru. However Orochimaru was still comparable to him in strength and while Orochimaru is much stronger than base Jiraiya, SM Jiraiya should still be slightly supperior to him and SM Naruto is stronger than SM Jiraiya. So I think that Naruto takes this if he starts in SM, but he loses if he starts in base since Hiruzen has massive advantage in terms of skill, expirience and jutsu versatility.