Reply to Recording your mixes - Would this work?

Hey guys. I know I've talked about this with some people already but I'm curious to see if my way of recording would work. My friend as my soundcard right now so I can't test it out... but here's what I'm believeing: Use TSP2 to mix, route all my audio through my Audio 8 to my mixer so my 4 decks are taken. Then, use the record out of my mixer and route it in an in of my Audio 8 and route that in TSP1, on the same computer to, let's say, deck a, and record external in TSP1. I would be running TSP1 and TSP2 at the same time, on the same computer, with the same soundcard. Will it work?