Fish in a Barrel dude. For the time spent flying back and forth, both sides getting a kill bonus, both planets camped and once someone knows your ship name and that you are in the event, the player list becomes a weapon. If you are in this event as a smuggler and doing it for the profit you are playing the game wrong.
This event for a smuggler is more about the challenge of avoiding everyone. If I wanna farm credits....there are things out there in the Disco Universe that pay just a well, with a better chance for success.