Sure you can. What is not featured in PTLE is a SMPTE ruler (and related hardware input&output TC options). As far as receiving SMPTE from videotape, converting this to MTC for input in PT, this should perfectly work. I used to do that more than 5 years ago with 8 tracks analog recorder along with Cubase. So... Concerning the procedure, I can only give you a general idea, since I haven't been doing this for a long time... : connect Midi out of your DTP to the 001 Midi in; I don't think you'll need any extra soft./app.others than OMS; in PT's Session Setup Window (apple+2), I suppose you'll have to make sure your 001 sync. isn't set to Internal (the other options are optical&SPDIF if I recall...) and you should also be able to choose MTC as your time reference (but I don't remember where you do that...sorry->check the manual or wait for a more precise answer). Hope that help.