But you cannot use a Tee fitting with two senders in the same Tee. This results in an alcove of coolant that does not reflect actual temps. The probes need to be in the flow of coolant.
I agree with putting the stock sender in the rear or t-stat housing. A housing with a 3/8" NPT boss is under 15 bucks at the parts store. Of course, if your stat sticks closed, the sender in the housing will not reflect accurate temps (you're not going to use the stock gauge much anymore anyhow).