Now I'm not there yet, but I've been reading up a lot on the fight and I had an idea for a Paladin tanking prince.
In stage 2 he dual wields those axes and gains parry. Parry can be deadly as it shortens the attack time of the next incoming attack, therefore increasing the amount of damage the tank takes. Most of you who are reading this already know this.
With all of the threat generation from stage 1, would it be possible to just not attack prince during this phase, i.e. turn off auto-attack and just spam everything else that increases threat: Consecration, SoV or SoR judgement, Holy Shield, and Exorcism? Of course with the judgements you would have to turn off auto-attack immediately after judging, but that can be put into a macro. This would eliminate the parry chance, and I think make it a smoother run. This would especially work for Alliance Paladins, as SoV does not do much holy damage anyway, and judging it every time would make things easier.
Anyway... just a thought that I wanted to share... comments?