1. You're ok. As long as you get 6-7 people with a similar team as yours, you should be able to complete the raid. Note that depending on boss moveset, Dragonite might be better than Gengar or Banette a lot of the time since the ghosts are so squishy, even though their DPS is good.
2. Varies a lot based on the moveset. Confusion from Mewtwo hits like a truck dropped from orbit, Psycho Cut on the other hand pretty much just tickles your attackers. The charged move makes quite a difference too. With your team, PC/HB is the easiest moveset and C/FB is the hardest. If it has Confusion, dodging quick moves is a good idea with Gengar and Banette.
3. I'd go with C/SB. C/P is a really small niche and C/SB is just fine against the main target of C/P, Machamp. Additionally, C/SB can be FTMd to PC/SB to get one of the best anti-psychic specialists in the game.