I haven't messed with any of the Toy senders, but all of the other senders I have seen are basic thermistors, or a resistor that changes resistance with temperature. They follow a known Temp/Resistance curve. The dead spot is in the guage. Nearly all new cars do this electrically within the guage so that the driver never sees the needle move if the temp stays within "normal" operating range.
As far as running 2 guages off the same sender goes...
1) thermistors can be designed to have any response curve desired, so the chances are pretty slim that an aftermarket sender would be identical to the stocker, therfor an aftermarket guage would not have the same response curve as a factory unit because the each would be calibrated to their respective senders.
2) if you have a 1-wire sender (never looked at the LC's), the guage is measuring the resistance by the amount of current flowing through the resistor. If you have 2 guages. Each supplies 12V at the guage through the resistor to ground at whichever metal piece the sender is screwed into. A 12V drop accross the resistor will pass exactly X amps and ONLY X amps. Each guage would supply half the current (X/2), therefore each will read half the temp, assuming they are calibrated the same. Could work with a 2 wire sender where the resistance across the resistor is measured directly, like having 2 multimeters across the same curcuit, but all aftermarket guages I have seen run 1-wire senders.
Chris