I am currently running a Toaster/Flyer on a A4000T with a CS MK III 060(should be the same) and a Picasso IV. It's nice setup and it does work well. It's new to me however and I'm still not sure what the best version of OS is for it. Currently I have 3.9 on it and the T/F crashes on the first try, after one re-boot it's fine.
I may set up a 3.1 partition just for it. Let me know how yours goes.
Jeff