I don't see any problems with the Paragon's armor...
the 30 OP Missile Autoloader used to be good. I think it was just nerfed and I didn't notice. In the past you would have so many Reapers, making it far easier to burst down ships. And Ion Cannons and Pulse Lasers do their job fairly well at deterring enemies. In fact that clip demonstrates that they are good at making any typical nuisance destroyers back off quite effectively without dragging too much of the ship's flux with it.
The Guardians themselves are a relic I keep around, because back in the day I would fight a lot of Squall + Hurricane ECCM combos from Better Variants mod in the 0.95 patch. This paired along swarms of SO ships occurring there taught me the value of Ion Cannons and Pulse Lasers spread out like that.
Recommending me to use Armoured Weapon Mounts is kinda dumb. You should consider that Paragon is designed to have Hardened Shields and Stabilised Shields equipped as mandatory. It saves you like 375 flux per second. And you are going to be acting with your shield on most of the time. You can't just equip random armour mods to make it more useful, because they have less value on Paragon than just getting better shields. That is because its armour isn't significant enough to get ridiculously more significant further. And the reason I stated Onslaught has 2k armour, well, it kinda gets it by default. As Armoured Weapon Mounts boost it to indestructible levels, contrary to 1650 which is still pretty much lame.
The fact that through the usage of s-mods and officer skills a Paragon can be made far more nimble is obvious to me. I would use a Paragon to fight Remnants without any s-mods. And back when Auxiliary Thrusters was still more expensive. In spite of that I used them anyway, because I understood just how many problems are solved by simply being able to turn around. But the issue I will always had with the Paragon is that it is ridiculously punishing if you are to receive damage. Paragon is incapable of moving about. It is the slowest *** ship in the game, and yet it has the durability stats of a Pegasus. Which is supposed to be squishy enough to justify its
amazing firepower. Though I feel like it was an overnerf in my opinion. Considering Squall's and Hurricane's power was reduced as well.