Very interesting timing for this, I am doing the same thing right now. My understanding is you need to include resistors for the LED ditch lights that Atlas has on this loco. Digitrax website/manual doesn't say anything about it that I've found but I have heard others say they have fried the LEDs when soldered directly to the board.
It sounds like the TCS decoder is ready to go with the resistors already in place. I'm leaning to ordering that board and taking my Digitrax board back.
Post your results if you try it, and good luck!
Mike