Most of those points the predator would win only because in predator movie they couldnt see the predator, with space marines its different as their infra red sights can see a cloaked predator without issues clearly from long range, example:
Mac and Dillon wouldnt have gotten killed like you describe it if they had the marines weapons and technology, when they are running after the predator they would been able to see it all the time and shot with pulse rifles or smart guns(can turn off tracking mode and shot manually like in aliens movie) and one hit and the predator is dead, if its up in the trees and is cloaked wouldnt help, Mac and Dillon would see him with infra red and shot it.
Billy: Now one of two things happen. Either this marine buys time or goes insane much like Billy and leads to a fairly quick death. Or this Marine remained armed and he aims his weapon into the jungle, into the jungle for an enemy he can't see
Ehm with marines tech Billy would see the predator and they wouldnt be shoting blind into jungle but precise shots at the predator as soon as he shows his face. Infra red practicly makes the invisible predator: visible for all to see.
But armour and motion tracker you are right about, but motion tracker would be useful as they would been able to see movement 360 degrees and can see one dot following them, and once they turn on infra red sights then its very easy to tell what is a human size thing from a snake.
In the predator movies we see infra red can see them, and in judge dredd vs predator infra red made it very easy to hunt and find the predator in urban enviroment, and in some games and comics.
So for the marines a predator cant hide and can see the predator just as easily as the predator can see them. Predators invisible advantage is gone.