Here's what I think, if it's not a new form, it's just the concept of transforming whenever you want and whoever that is Awakening for Zoans.
Marco and King for example, both can just partially transform their wings and still be human. To me that sounds like awakening, i.e. "when the body and mind catch up to your devil fruit"
Kaido has shown 5 forms basically:
- Dragon
- Dragon/Hybrid "Hybrid" (to mimick Snakeman's speed in 1042)
- Hybrid/Dragon "Hybrid" (his buff dragonlike hybrid shown in 1037/1042)
- Basic Hybrid
- Ogre
Again, this is just based on observations with his forms, he does have 2 odd transformations when it comes his Dragon/Hybrid forms. He can easily use all of his mythical powers, etc.
Now compare that to Luffy, it makes sense to an extent that they are both achieving the same thing, it's just that Kaido is far more used to using it all the time and why young pirates like Kid/Law/Luffy aren't. Same goes for Doffy, Marco, Kata and King being older men (if we consider Marco/King to also be doing the same thing).
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We need to stop taking an old-pre-timeskip definition of awakening and just follow the one Kaido has stated this chapter....
"When your body and mind catch up to your devil fruit, that is awakening"
Nobody has ever overshadowed Luffy's fights guys. The arc is almost over. This is the climactic battle.