Woooh! I finally pulled it off =)
Here are some comments about how it went for me. Tough as nails, but a phyrric victory it was (as in the first and only time I've completed the game)
Buffed up something unreal, with every potion and spell we had that could help us, and got to work. Dynaheir sent off a Cloudkill at the alter, and my illusionist/theif fired off greater malison, while the others threw fireballs at them. Nothing of it really did anything of note (1-2 damage here and there). Branwen died almost before the battle begun, so I didn't get to use her awesome wand of the heavens once. Buhu.
Playing through Tutu so we couldn't have a wall of summons, but some wolves and ogres helped. Then a trap went off, or one of them sent cloudkill at us, so most of them died or fell down. My tank Minsc got held or some such thing, and Sarevok killed him in about 3 blows, although he had a massive 117 hitpoints from the 24 strength and 18 constitution potions (plus about 9 buffs). That was a big blow, but Minsc did manage to get in at least one solid hit on Sarevok.
We finally managed to take down Angelo, and at some point Tazok died as well. He may have been held up by the initial cloudkill as it took a long time before he got on the scene and the dialogue with Dynaheir (I think) started. Suddenly Sarevok got in a massive hit (yet normal for him) that took half my life away, and I ran. Thankfully his attention shifted to the nearby ogres.
Dynaheir and I attacked them with various poison and flame arrows and such, while Kivan and the others had acid arrows. Actually, Tazok must still have been alive at this point, because both my main character and Kivan had to run for their lives to get away from Sarevok and some other chap, while Semaj sent crap after us and was still uninjured. Thank goodness Dynaheir managed to get out some fresh ogres about half a second before she was slain. Those ogres saved Kivan's life.
I tried to hide in shadows, but to no effect, though the boots of speed probably kept me enough ahead of the chasing Tazok. To my big surprise Imoen was still alive (she tends to die easily), and she threw a bottle of fire after both of us. The fireball just missed me, thankfully, but Tazok got fried.
By now some dire wolves were attacking Semaj and got her down to injured, but lightning bolts were also flying about at this stage, which probably came from her. I think one of them killed Imoen, though it was so chaotic I'm actually not sure if she died or not. My PC ran zig-zag between them and remained at half health as there wasn't even time to chug a health potion. They very nearly killed Kivan, but crucially, either he or one of the remaining ogres managed to get in the killing blow on Sarevok. Should have been able to kill Semaj too if we were allowed to continue.
It's a wickedly difficult fight, even topped off with buffs, but in the end we did make it :) Although 3 or 4 of us died. Wish there was a final autosave as well just so I could see what the situation was like and what stuff these hard asses have on them.
I've heard that the Helm of Balduran can be taken into BG2, so the idea was to transfer it towards the end from Minsc to the PC. Didn't happen as Minsc died very early on :( Still, just happy the fight is finally over. Now I can take this character into BG2. Never played that game (more than a few minutes in the start) so this shall be very interesting.