assuming you are 360 miles or nearer to the recruit, you have a big advantage (which appears to be the case). that said, sometimes coaches do illogical moves and can actually win the battle. he appears to be in no other battles so if he really likes the guy he could make it hurt to get him, even though it appears you could win ultimately no matter how much he spends.
FWIW, I'd be careful posting stuff like this while recruiting is active. Best to get advice from a mentor in site mail. I figured out exactly what player are talking about, so the other coach can too.
prestige doesn't seem to be as big a factor at D2.