Correct.
Beating Eddie is a decent entry for the resume. But Cerrone and Poirier have that same win, from the same period of time, against a version of Eddie just as good.
And, to put it into the context of your post, that win was one of EIGHT in a row Cerrone strung together to get a shot at the belt, against a diverse array of fighters like Barboza, Bendo, Jim Miller and Dunham; and one of FIVE for DP, including Holloway, Gaethje, Pettis and Miller, not to mention the other credible tests they both had to face on the way up (many passed, some not), like RDA, Nate Diaz, Bobby Green, Michael Johnson, Jeremy Stephens, CDF, etc.
I don’t begrudge Conor getting the opportunity to fight Eddie, as his run to featherweight gold was great. But when evaluating all-time rankings you simply cannot start with who held a belt for this reason. It’s hard to know where to even start with Conor, but he’s a non-starter for consideration in even the top 25.