Oz: I'm not sure that you'll get away with it -- even if you use a progressive controller.
In a previous setup I ran a Schnitz progressive controller (set for 2 1/2 seconds) AND a dry shot (40hp) into the airbox, therefore making the hit even slower than it otherwise might have been. I moseyed down the course (about a buck-eighty) running gas only, and hit the button around the 3 1/2. (wait...wait...here it comes...BAM! WHEELSPIN!) Yee-hah, boyoboy isn't this cool, as the back end skated around. . .
That's what happened to me -- be aware that it might happen to you so if it does -- you're not surprised too much.
The Schnitz, by the way, was their standard unit -- 20-second cycle then shuts off the nitrous. By letting up on the button for (I think it was) 2 full seconds it would reset so you could get another 20 seconds -- so I until I replaced the Scnhitz I would have to push the button (for maybe ten seconds or so to build some speed), then let off for a couple of seconds to reset, then mash the button again to get the rest of the speed. Too much thinking required! And the Schnitz wasn't adaptable to go to a longer "on" time without more work than I could do at the track -- so I've gone to a different system (which maybe will get some use if the danged crankshaft ever gets built).
As for running two classes -- fuel and gas, but otherwise the same class -- sure, it's common. Run gas class to get your acclimitisation runs in, then put the bottle on the bike and switch to fuel class. You're not allowed to have a bottle on the bike when you're in gas class, that's all.