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I agree that it's inconclusive because the characters are too close to each other in intelligence. Light had the death note but L had unlimited resources and lots of help in his investigation. Also this idea that L is straight up smarter is weird considering Light was the one that found out Yotsuba was behind the killings in the Yotsuba Arc while L didn't do anything AND Light is the one that came up with the idea of using one of them as a mole to catch the new kira, making L admit that Light thought of that before he could.