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Your 003 system isn't going to be able to record online using SMPTE from the smart slate or cameras (even with the DV Toolkit). You'd need something on set that will do LTC to MTC conversion. Even at that, Pro Tools LE doesn't do true address lock (it freewheels), so it's not ideal.
If you can resolve that issue, make sure you have a conversation with the videographers about which SMPTE format/frame rate to use, and set up your system correspondingly. Most likely, it will be 29.97 DF. If the show is being shot in standard NTSC color video format, you might want to recommend using DF (and be prepared for the video people to not know what you're talking about if they're inexperienced).
-Ben B
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