At this point (I'm at ep 16), I think the main reason why Light has the upper hand is because he is aware of the Shinigami and the Death Note, while L does not know how the killings are being performed. There are so many possible answers to that question, but the rules and workings of the Death Note are so specific that it leads to the kind of baffling events (from L's perspective) like in episode 16. I'm interested to see how L will get around this obstacle of not knowing the nature of how Kira works.
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