I watched the stern cameras of both boats for yesterday's race.
I think it's not just Foils and Rudders (and tactics) making the difference.
If you watch them both, the sails on Taihoro look much crisper and tighter. The Brittania mainsail has a wider gap between the skins (as it has to accommodate a couple of hydraulic pistons which Taihoro has under the deck) and looks a lot sloppier. This must make a difference in manoeuvres. According to Mozzy Sails (Youtube) ETNZ has a completely different control mechanism for their twin-skin sails than anyone else. He posited a few weeks back that it may cost them in needing more energy, but so far it's looking to be delivering.