Overall, I think Tennessee has looked slightly better this year on the field (talent wise). It is still early to tell if Kentucky is all that great, so we haven't seen UF play against a unanimous Top 25.
Looking at the recruiting rankings for the past four years, Florida's JR & SR classes are better than UT's. The opposite is true for the FR & SO, but by a smaller margin.
I did not include the '11 class because there are few RS SR's on both squads (plus it was a wash at #12/#13)
'12
UF #4 UT #21
'13
UF #2 UT #29
'14
UF #6 UT #5
'15
UF #20 UT #5
That's the best I can come up with on talent. I'm just stubborn when it comes to giving a coach the 4/5 time frame for a true rebuild.
I'll give the nod to Florida, not by mile, but maybe a few hundred feet.