Skill level is always a factor of course, but the potential for productivity with FCAW exceeds anything SMAW can even come close to.
Deposition rate, the ability to run bottom to top without stopping, less grinding, less slagging, less stub loss, the ability to carry more metal (especially at the 9:00/3:00 positions).
The interesting thing is, going to bigger wires does not give you greater deposition rates. It actually gives you less due to I2R heating and arc density. However, the bigger wires do have a capacity to accomodate more current which can manifest as greater deposition in the right hands.
SMAW isn't the favorite of piplines because of its dominant productivity. Its the favorite of pipeline because of its convenience, field versatility, and acceptable productivity.
In the field I would choose SMAW (cellulosics for pipeline/LH for industrial) almost every time myself. That is where it shines. But when it gets right down to it API 1104 is essentially process neutral and if alternative processes offer an advantage I would make use of them.
PS: I've run into a lot of welders that would rather change electrodes. But I always argued I was saving them money on cigarrettes when I insisted upon FCAW........Just kiddin.