It will work on any FM radio as PPM is just another way to describe FM. Weather you have a break out board or not, you should be able to do this from what I've been reading that others are doing. Some don't have a break out board so they solder it to the main board and remove the crystal from the radio so it's not broadcasting on both frequencies. Some are trick, they put a toggle switch and use both on the same radio.
You can see all this where I've been following the thread:
Hope that helps.
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