So Luffy was losing, don´t matter if he got distract or not, I doubt that second Over Kong Gun would finish him.
In fact Luffy will awake his df and even hurt Kaido later more, also if Kaido really has awakening, he is far from getting finished.
Sound like this event happen to give Kaido character more development.
Kaido would win that clash, with or without the CP0 guy.
Happy to at least know this.