Agendas my man. It's good for banter though, you only hope the agendas don't totally consume some folk.
I think most people know Kizaru is ok, and that Luffy using all his forms already while Kizaru hasn't really gotten serious. They just getting their licks in before the inevitable.
Though I think it's safe to say now that this round is over, Kizaru looked better than Luffy. He can fight with G5, tank his 2nd strongest attack to date, all while not being focused on him or using his highest end stuff, meanwhile Luffy has been putting so much effort in he was wasted just keeping up.
I'm surprised Luffy has looked this bad, but if you follow every arc, Luffy looks pretty bad at the start, I think he'll start looking better when the fight reaches its climax. This was just the warmup.