The files use roughly the same format as SpongeBob SquarePants Creature from the Krusty Krab
which was also created by developer Blitz Games.
ASguard.jpg

The models along with other information are in the ALLPAKS.PS2 file.
Use the following script to extract files from it:


This will generate many smaller .PS2 files.

You can then use the script again on the output from the first script (but delete or remove envvars.ps2, fet_ps2.txt and FilenameTable.pak.sys first).

Then you can use the following script from the second output files to
convert the character models to .3ds models.