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By feats he cannot, it's clear that Hiruzen lacks proper feats seeing as he is the only character from Part I who hasn't gotten proper Part II feats.
However, it's clear to me that once he gets his feats against Obito he will be substantially stronger than Tsunade. His hype [Shinobi no Kami and Purofessa] and manga presence [referred to be one of the stongest Edo Tensei and a Hokage] speaks volumes, but apparently only feats matter to this forum...
Logically in a debate, Hiruzen would lose currently, but soon it'll be clear who is the stronger of the two.
The possibilities or outcomes. I like your answer.