I always found the TNG Galaxy to be kind of weak... It seemed like Romulan D'Deridex class ships always scared the hell out of Picard.
Which could simply imply that the warbird is also powerful.
A lot of fans approach topics like this with the mindset of a video game, where only even matches are ones worth playing. From an in-universe perspective, Picard is right to shy away from an even fight if at all possible because an even fight just means a lot of dead people on both sides.