LTC with a DP8000

Hey All! I need to run a full tracking backup console for a timecode show. What is the best way to do this? If I put a LTC Widget in a DP8000, can both consoles read that timecode, and send DMX out through the DP8000 (only main console outputting, unless it goes down, then the backup console would output through the DP8000).
Thanks!