If you are going to survive the fight, you have to kill Paragon like in the first round. Easy enough to do. Equip Yuna as a Dark Knight, Rikku as a Warrior, and Paine as a Gunner, with Cat Nip and a Speed Bracer, her HP in the yellow. Have all of them equipped with either the Highroad Winds or Mounted Assault garment grid for the First Strike ability. When the fight begins, have Yuna cast Black Sky, Rikku cast Sentinel, and Paine use Trigger Happy lv. 3. If you hit the R1 button fast enough, you can get at least 15-20 shots in, and then the Dark Knights will finish Paragon off. It might not even get to make a single move.
And, I don't think that the whole Cat Nip + Invincible combo is true. I've never tested it, but Cat Nip doesn't let the player do maximum damage, it specifically lets the player do 9999 damage, no more no less.
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