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H2H only
Billy has his armor

Bonus: Billy gets a knife

Who wins

This is actually a really good fight IMO. Misty had a few pretty solid H2H showings in LC s2, and that arm of hers, while not Winter Soldier strong, still hits hard enough to dent metal and send people flying a few feet. And Billy lost to Frank, despite the latter not being anywhere near 100% even before the fight started. Granted, Billy had also been shot before then, IIRC, but he was still in way better shape than Frank.

Misty..

Originally posted by TheVaultDweller
This is actually a really good fight IMO. Misty had a few pretty solid H2H showings in LC s2, and that arm of hers, while not Winter Soldier strong, still hits hard enough to dent metal and send people flying a few feet. And Billy lost to Frank, despite the latter not being anywhere near 100% even before the fight started. Granted, Billy had also been shot before then, IIRC, but he was still in way better shape than Frank.
Here's the thing though, we've still seen what someone like Frank Castle or Daredevil could do even while seriously ****ed up, and that still strikes me as being above Misty's paygrade. Even with Frank as ****ed up as he was I couldn't see Misty putting up a similar fight.