Desert storm clash between Eagle and Fulcrum was less favorable to Eagle than same units engaged in operation Allied Force in ex-Yugoslavia and fits better to compare those 2 platforms, IMHO. Serbs were trying to save their military resources from total destruction (partially successful) learning from Desert Storm lessons (fake targets, smart SAM displacement and radar usage) and thus all-out air battle was somehow missed.
Iraqi MIG-29 were, in if not perfect, than in mint flying condition, flown with Russian tactics but crewed with experienced pilots from Iraq-Iran war. Of course, they were outnumbered but not in high ratio.
Serbs had Fulcrums which missed a deal for already arranged mid-life upgrade program in early 1998, so almost all of units were grounded for a long period of time. Power generators, battery charges, missile ejectors charges, radios, FCR and RWR components are amongst the most severe ones failing from BIT runs before takeoff. Pilots were put off tarmac for months without any training on alternative platform - MIG-21 Fishbed was a lousy resource for that matter, too. Serbian GCI assets were jammed alongside rest of RF spectrum. Tactic they used was obsolete to say at least and generally they failed to develop a game plan for any offensive or contingency. The moment they took off they were doomed to be smoked by Eagles.
If something similar could happen in 2020's (hypothetically) I don't expect different scenario even with more modern and capable Fulcrum flying against Eagles, In 20 years, even some C model units received FCR upgrades and more capable weapons with still superior flight hours and adaptive tactics than Fulcrums.